debt interest rate is $7\mathrm{.}1\%.$ Assume that the risk$-$free rate of interest is $3\%$ and the market risk premium is $6\%.$ Both Vandell and Hastings face a $35\%$ tax rate.

Pre$-$acquisition levered cost of equity:

$\%$

Unlevered cost of equity:

$\%$

$ places.

$$,$ million

Value of operations: $$,$ nillion

Equity value to acquirer: $ million

Intrinsic stock price per share: $