Merger Valuation with Synergies 4% and the market risk premium is 7%. Pre-acquisition levered cost of equity: % Unlevered cost of equity: % 1,230,000. Do not round intermediate calculations. Round your answer to the nearest cent. $million Round your answer to two decimal places. $million calculations. Round your answers to two decimal places. Value of operations: $ million Equity value to acquirer: $ million Maximum price: $ per share