redirect the firm's activities. Determine the impact on share price for each of the following proposed actions.

a$.$ Do nothing, which will leave the key financial variables unchanged.

b$.$ Invest in a new machine that will increase the dividend growth rate to $7\%$ and lower the required return to $13\%.$

c$.$ Eliminate an unprofitable product line, which will increase the dividend growth rate to $9\%$ and raise the required return to $17\%.$

d$.$ Merge with another firm, which will reduce the growth rate to $3\%$ and raise the required return to $18\%.$

e$.$ Acquire a subsidiary operation from another manufacturer. The acquisition should increase the dividend growth rate to $8\%$ and increase the required return to $17\%.$

a$.$ If the firm does nothing that will leave the key financial variables unchanged, the value of the firm will be $

$($Round to the nearest cent.$)$