ave a 25% combined federal-plus-state tax rate. The risk-free rate is 646 and the market risk premium is 6%. Pre-bcquintion ievered cost of equity? Unievere cest of equity: not round intermedate calculations. Round your answer to two decimal places: s malion anteer to teo stomal places. 5 milion aneen to twe decimat claces. Valie deperations: t malion Eeuty value to acquirer: 1 milion per share