Low's Has 12,000 Shares of Stock Outstanding at a Price

question 18

Multiple Choice

Low's has 12,000 shares of stock outstanding at a price per share of $16.40.Bert's has 21,000 shares outstanding at a price per share of $26.50.Bert's believes it can create $41,000 of synergy if it acquires Low's in an exchange of stock.What is the value of the combined firm following the merger? Assume both firms are all-equity financed.

• A)$794,300
• B)$597,500
• C)$753,300
• D)$400,700
• E)$636,800

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Definitions:

Feminist Consciousness

Awareness and consideration of women's rights and issues, advocating for equality and challenging traditional gender roles.

Demeaned Social Status

A condition where an individual or group is viewed and treated with disrespect or undervalued by society or a specific social context.

Feminist Therapy

A therapeutic approach that emphasizes understanding the psychological impact of gender roles and societal gender inequalities on individuals' mental health.

Gender-sensitive Therapy

A therapeutic approach that considers and respects the client's gender identity, experiences, and the impact of gender-based issues and norms.