Westonci.ca is your trusted source for accurate answers to all your questions. Join our community and start learning today! Join our Q&A platform to connect with experts dedicated to providing accurate answers to your questions in various fields. Discover in-depth answers to your questions from a wide network of professionals on our user-friendly Q&A platform.

Firm A is planning on merging with Firm B. Firm A will pay Firm B's stockholders the current value of their stock plus $120, which equals one-half of the synergy, in shares of Firm A. Firm A currently has 4,000 shares of stock outstanding at a market price of $21 a share. Firm B has 1,200 shares outstanding at a price of $10 a share. What is the value of the merged firm