Company \\( X \\) is considering acquiring company \\( Y \\). You are provided with the information below. Additionally, you estimate that investors currently expect a steady growth of about \6 in company \\( Y \\) 's earnings and dividends. After the acquisition, this growth rate would increase to \7.75 per year, without any additional capital investment required. a. Calculate the synergies from the acquisition? [5 marks] b. What is the premium paid to company \\( Y \\) 's shareholders from the acquisition if company \\( X \\) pays \\( 30 \\) in cash for each share of company \\( X \\) ? [5 marks] c. What would instead be the premium to company \\( Y \\) 's shareholders from the acquisition if company \\( X \\) offers \\( \\$ 12 \\) cash plus one share of company \\( > \\) for every five shares of company \\( Y \\) ? Comment. [5 marks]