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TKCorp's next target is AUWorks. AUWorks has 5 million shares outstanding, with a share price of $ 1 0 . The manager of TKCorp believes
TKCorp's next target is AUWorks. AUWorks has million shares outstanding, with a share price of $ The manager of TKCorp believes that the value of AUWorks will rise by if TKCorp purchases AUWorks and alters the business strategies of AUWorks. TKCorp is going to use a leveraged buyout to control AUWorks. If TKCorp obtains control of AUWorks and expects to have a gain of $ million from this transaction, the offering price for each of AUWorks shares will be closest to:
Select one:
a $
b $
c $
d $
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