Brothers Inc., has the following financing outstanding: Debt: 300,000 bonds with a coupon rate of 4.0% and a current price of 120% of par. The bonds have 20 years to maturity and a par value of $1,000. The bond has semiannual compounding. Equity: 2.7 million shares of common stock with a current price of $130 per share and the beta of the stock is 1.19. Market: The corporate tax rate is 21%, the expected market return is 9.5%, and the risk-free rate is 0.02%. Brothers is considering purchasing Sisters Grill, a privately held restaurant. Sisters currently has debt outstanding with a market value of $15 million. The EBIT for Sisters next year is projected to be $13 million. EBIT is expected to grow at 9% per year for the next five years before slowing to 2% in perpetuity. Change in Net Working Capital, Capital Spending, and Depreciation as a percentage of EBIT are expected to be 5%, 4%, and 6%, respectively. Broke N Bored has 12.5 million shares outstanding and the tax rate is 21%.

What is the terminal value of Sisters's cash flows?

What is the total value of Sisters Grill worth to Brothers today?

What is the value of Sisters equity?

What is the maximum price per share Brothers should be willing to pay for Sisters Grill?

Please show answers using Excel formulas.