Aveeno Inc. is interested in acquiring Johnson Corporation. Assume that the risk-free rate of interest is 3%, and the market risk premium is 6%. Aveeno estimates that this merger would result in incremental after-tax net cash flows of $65 million per year to its shareholders. Aveeno's beta is 0.8 and Johnson's beta is 1.25; the betas are not expected to change after the merger. Johnson currently has 5 million shares outstanding. Question 24 What is the value of the discount rate that you would use to calculate the value of Johnson Corporation? O 7.80% O 6.75% O 10.50% 0 5.40% Aveeno Inc. is interested in acquiring Johnson Corporation. Assume that the risk-free rate of interest is 3%, and the market risk premium is 6%. Aveeno estimates that this merger would result in incremental after-tax net cash flows of $65 million per year to its shareholders. Aveeno's beta is 0.8 and Johnson's beta is 1.25; the betas are not expected to change after the merger. Johnson currently has 5 million shares outstanding Question 25 What is the maximum price that Aveeno will be willing to pay per share to acquire Johnson? $216.67 O $433 33 O $123.81 O $58.82