Assume That an Investor Owned 5,000 Shares of Anheuser-Busch Corporation

Assume that an investor owned 5,000 shares of Anheuser-Busch Corporation common stock prior to the acquisition by InBev of Belgium. At the time of the acquisition, the dollar was worth .77 euro. Further assume that the purchase price was equal to 54 euros per share. What was the sales price of Anheuser Busch common stock per share in U.S. dollars?

A) $41.58
B) $54
C) $77
D) $70.13