2. Firm ABC was acquired for a purchase price of $12 per share. ABC had 10 million shares outstanding, $15 million in cash, and $10 million in debt at the time of the acquisition. Given annual free cash flows of $5 million starting in year 1 and assuming no future growth, what level of WACC would justify this acquisition price? the/Shone 10 million shanes f 15 mill = cash fiomil debt FC.F =5 Mill EV=PVCCF