4.How does your analysis compare to the market's reaction to the announcement on June 22, 2016? What does the market's reaction to the merger ofier imply about the merger opportunity? 5.Reassess the market's reaction on July 29, 2016. What should Joan Bannister say to her clients who own, for instance, SolarCity's convertible debt? Tesla's equity? More broadly, what is the impact of the merger on the various stakeholders of the two firms