Firm a Is Planning on Merging with Firm B

question 71

Multiple Choice

Firm A is planning on merging with Firm B. Firm A will pay Firm B's stockholders the current value of their stock in shares of Firm A. Firm A currently has 2,300 shares of stock outstanding at a market price of $20 a share. Firm B has 1,800 shares outstanding at a price of $15 a share. What is the value per share of the merged firm?

• A) $19.00
• B) $19.18
• C) $19.44
• D) $20.00
• E) $20.33

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Definitions:

Control String

A parameter in programming functions that determines the output or behavior of the function, often seen in formatting functions.

Conversion Control Sequences

Specific notations within strings that are interpreted by functions like printf() to format output.

Printf()

A standard library function in C programming that allows for formatted output to the screen.

Scanf()

A function in C programming used to read formatted input from the standard input (stdin).