Click Technologies is considering the acquisition of another firm in its industry. The acquisition is expected to increase Click's free cash flow by 8 million the first year, and this contribution is expected to grow at a rate of 3.5% per year from then on. Click has negotiated a purchase price of 170 million. Click currently maintains a debt-to-equity ratio of 0.5, its marginal tax rate is 35%, its cost of debt is 6%, and its cost of equity is 9.5%. Click will maintain a constant debt-equity ratio for the acquisition. REQUIRED: i) How much debt must click use to finance the acquisition? (9 marks) ii) What is the present value of the interest tax shield provided by Click's acquisition deal? (7 marks) iii) Calculate the Free Cash Flow-to-Equity for the acquisition in year 2? (9 marks) (Total 25 marks)