Your company has earnings per share of $4. it has 1 million shares outstanding, each of which has a price of $43 You are hinking of buying TargetCo, which has earmings of $3 per share, 1 million shares outstanding, and a price per share of $22 You will pay for TargetCo by issuing new shares There are no expected synergies from the transaction Suppose you offered an exchange ratio such tha a current pre-announcement share prices for both rms, the oner represents a 20% een to buy Targe Ca Ho ve ne ad al premium at your company will pay for Target o enit completes the transact wil not be 20%, because onthe announce the target n e wil go p and your a. What is the price per share of the combined corporation immediately after the merger is completed? The price per share of the combined corporation immediately after the merger is completed will be s (Round to the nearest cent) Enter your answer in each of the answer boxes Next. s Previous ort s 9