Help needed Suppose you were involved in the Disney/Pixar merger and neither firm has debt. Disney thinks that upon merging, it will save $70,000 annually in after-tax movie-distribution costs, indefinitely. Further suppose that Pixars current market value is $7 million, while Disneys current market value is $80 million. The appropriate discount rate for the merger is 10%. a. What is the $ amount of the expected synergy? b. What is the value of Pixar to Disney? c. If Disney offers Pixar $7.5 million in cash, what is the NPV of the merger to Disneys current shareholders? d. If Disney is trading at $80 before the merger, how many shares of Disney stock should they offer Pixar to mimic the $7.5 million cash offer?