EPS and postmerger price Data for Henry Company and Mayer Services are given in the following table. Henry Company is considering merging with Mayer by swap-ping 1.25 shares of its stock for each share of Mayer stock. Henry Company expects its stock to sell at the same price/earnings (P/E) multiple after the merger as before merging. Item                                                                          Henry company            Mayer Services Earnings available for common stock.                  $225,000                    $50,000           Number of shares of common stock outstanding. $90,000                    $15,000 Market price per share .                                                  $45                           $50    a. Calculate the ratio of exchange in market price?

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