Firm X and Firm Y are competitors with very similar assets and business risks. Both are all equity firms with after-tax cash flows of $12 per year forever. Both have an overall cost of capital of 8%. Firm X is thinking of buying Firm Y. The after-tax cash flow from the merged firm would be $25 per year. What is value of the Firm X after the merger? What is the total value of Firm X to Firm Y? What is the change is V? Show working