Firm a Is Planning on Merging with Firm B

Firm A is planning on merging with Firm B.Firm A will pay Firm B's equityholders the current value of their equity in shares of FirmA.Firm A currently has 2,300 shares of equity outstanding at a
Market price of £20 a share.Firm B has 1,800 shares outstanding at a price of £15 a share.The
After-merger earnings will be £6,500.What will the earnings per share be after the merger?

A) £1.67
B) £1.78
C) £1.83
D) £1.87
E) £1.92