0 The current tax rate is 30% - A similar company's tangible noncurrent assets have a value of $7,400 million while its intangible assets have a value of $ 1,540 million Calculate the value of intangible assets using all the 3 methods. (25 Marks) QUESTION 10:ASSIGNMENT The following information is available in respect of Panoda Ltd Estimated sustainable long term Earnings at the end of the year 1 $110 000 Fair payout ratio 30% Estimated sustainable long term Dividend at the end of year 1 $33 000 Fair rate of return (required rate) 25% Expected rate of return 30% Depreciation new investment in fixed assets and working capital 0 Finance costs interest 0 Net assets $366 667 Required Value the company according to each of the valuation models; present value of future cash ows, dividend yield method, earnings yield, price earnings, free cash ow capitalisation of income method super profits, intrinsic value method QUESTION 11 (25 Marks) Elaborate on the various sources of synergies available in business and clearly state the pros and cons of each type of synergy selected. (25 Marks)