Now you are asked to analyze the value of control in IntelliGroup, a poorly managed conglomerate. IntelliGroup currently has no debt outstanding, a beta of 0.80, and earns $ 250 million in earnings before interest and taxes on a book value of operating capital of $ 1500 million. You believe that the firm can optimally have a 30% leverage (D/(D+E)) ratio, and that it can borrow the money to get to this ratio at 7.5% interest rate. In addition, you believe that the firm can earn a 5% higher ROIC than it earns currently on both existing assets and future projects. The firm is in stable growth, growing 5% a year, and restructuring the firm cannot alter that growth rate. The firm has a tax rate of 40% and the treasury bond rate is 6%. Market risk premium is 6%.

Estimate the value of control at this firm

Answer ASAP please