Acquiring Company is considering the acquisition of Target Company in which Target Company would receive $36.00 for each share of its common stock. Acquiring Co. Target Co. $500,000 $300,000 Earnings available for common stock 500,000 150,000 Number of shares of common stock outstanding $30.00 $27.00 Market price per share If the transaction is using 100% of Acquiring Co.'s stock, the exchange ratio is The number of new shares issued by Acquiring Company is The post-merger EPS of the combined company is If the transaction is using 100% cash, all the cash is borrowed at an annual rate of 7.5%, and the tax rate is 30%, the post-merger earnings of the combined company are