Question: loki inc and thor inc have entered into a stock...

Loki, Inc., and​ Thor, Inc., have entered into a stock swap merger agreement whereby Loki will pay a 32 % 32% premium over​ Thor's premerger price. If​ Thor's premerger price per share was $ 38 $38 and​ Loki's was $ 52 $52​, what exchange ratio will Loki need to​ offer?

The ratio should be nothing shares of Loki for every share of Thor. ​ (Round to two decimal​ places.)