Firm S is planning on merging with Firm T. Firm S will pay Firm T's stockholders the current value of their stock in shares of Firm S. Firm S currently has 5,100 shares of stock outstanding at a market price of $15 a share. Firm T has 2,600 shares outstanding at a price of $19 a share. What is the value of the merged firm?
A) $76,500
B) $87,200
C) $125,900
D) $128,400
E) $131,600

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The Answer of Firm S is planning on merging with Firm T. Firm S will pay Firm T's stockholders the current value of their stock in shares of Firm S. Firm S currently has 5,100 shares of stock outstanding at a market price of $15 a share. Firm T has 2,600 shares outstanding at a price of $19 a share. What is the value of the merged firm?
A) $76,500
B) $87,200
C) $125,900
D) $128,400
E) $131,600

Firm S Is Planning on Merging with Firm T