Spentworth Industries Corp. is considering an acquisition of Keedsler Motors Co., and estimates that acquiring Keedsler will result in incremental after-tax net cash flows in years 13 of $6.00 million, $9.00 million, and $10.80 million, respectively. After the first three years, the incremental cash flows contributed by the Keedsler acquisition are expected to grow at a constant rate 4% per year. Spentworth's current beta is 0.80, but its post-merger beta is expected to be 1.04. The risk-free rate is 3.5%, and the market risk premium is 5.60%. Based on this information, complete the following table by selecting the appropriate values (Note: Do not round intermediate calculations, but round your answers to two decimal places): Keedsler Motors Co. has 5 million shares of common stock outstanding. What is the largest tender offer Spentworth Industries Corp. should make on each of Keedsler Motors Co.'s shares? $36.55 $29.24 $43.86