ndlovu breweries limited is considering an acquisition of Blue Mountain Limited.Blue Mountain has a cost of equity of 10%;25% of its financing is in the form of 6% debt, the rest is shareholders' equity.Assume that the tax rate is 30%.After the acquisition, Ndlovu brewries expects Blue Mountain to have the following free cash flows and interest payments for the next three years.Free cash flow year 1, R20million, year 2, R40 million, and R50 million , Year3?.Interest expenses Year 1, 56 million , R48 million , Year 2 , R44 million. After this the free cash flows are expected to grow at a constant rate of 5%.At this time , the capital structure will stabilise at 40% debt with an interest rate of 7%. what is Blue Mountains' unlevered cost of equity?What is its levered cost of equity and cost of capital for the post-horizon period? Using the APV approach , what is Blue Mountain's value of operations to Ndlovu Limited