The Prad Corporation is considering a merger with the Stone Company which has 400,000 outstanding shares. An investment banker has advised that to succeed in its merger Prad Corp. would have to offer $45 per share for Stones's stock. Prad Corp. stock is selling for $30. How many shares of Prad Corp. stock would have to be exchanged to acquire all of Stones's stock?
266,667
600,000
720,000
400,000