Check my work Total free cash flows $40 $55 $60 $65 $845 To finance the purchase, the investors have negotiated a $550 million, five-year loan at 8 percent interest to be repaid in five equal payments at the end of each year, plus interest on the declining balance. This will be the only interest-bearing debt outstanding after the acquisition. Selected Additional Information Tax rate 40 percent Risk-free interest rate 3 percent percent Market risk premium a. Estimate the target firm's asset beta. (Round your answer to 2 decimal places.) b. Estimate the target's unlevered, or all-equity, cost of capital (KA). (Round your answer to 1 decimal place.) Target's unlevered, or all-equity, cost of capital (KA) 5.4 % c. Estimate the target's all-equity present value. (Enter your answer in millions rounded to 2 decimal places.) Target's all-equity present value million d. Estimate the present value of the interest tax shields on the acquisition debt discounted at KA. (Round intermediate calculations to 1 decimal place. Enter your answer in millions rounded to 2 decimal places.) Present value million