The Prad Corporation is considering a merger with the Stone Company which has 400,000 outstanding shares selling for $25.An investment dealer has advised that to succeed in its merger Prad Corp.would have to offer $45 per share for Stones' stock.Prad Corp.stock is selling for $30.How many shares of Prad Corp.stock would have to be exchanged to acquire all of Stones' stock?
A) 266,667 shares
B) 600,000 shares
C) 720,000 shares
D) 800,000 shares

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The Answer of The Prad Corporation is considering a merger with the Stone Company which has 400,000 outstanding shares selling for $25.An investment dealer has advised that to succeed in its merger Prad Corp.would have to offer $45 per share for Stones' stock.Prad Corp.stock is selling for $30.How many shares of Prad Corp.stock would have to be exchanged to acquire all of Stones' stock?
A) 266,667 shares
B) 600,000 shares
C) 720,000 shares
D) 800,000 shares

The Prad Corporation Is Considering a Merger with the Stone