Schweser version 2017, reading 26- question #18

Reading 26 in schweser, number 18, do not get the 1.224 what is this number?

There is a problem to paste the table here so if some one can help without inserting the table!

  1. Using the comparable company approach, the mean takeover premium and the estimate of the fair acquisition price for Flueger Systems are closest to a: A. 22.4% premium and a $37.12 acquisition price. B. 22.4% premium and a $40.28 acquisition price. C. 15.6% premium and a $37.12 acquisition price.

The calculation for the mean takeover premium is: Applying this value to the mean comparable company valuation calculated in Question 17 gives us: $30.33 × 1.224 = $37.12.