In September 20ce. the IRS changed tax laws to alow banks bo utilze the tax loss carryloreards of baniks they acquire to shield up to 100% of their future income from tawes (pelor law rostictod the of Ss bilion per year in Re thure, and its tax rate was 30\%, what was the present value of these acquired tax loss carrylorwards given a cest of captal of 8% ? HoF would the present value change under arrert iw which restrets the amoum of the deduction to 60 s of pre-tax income? of captat of 8\%? The present value of these acouired tax loss carrylorwards ist bilon. (Round to two decimal placea.)