Suppose ABC Corp. is contemplating the acquisition of Innovator Inc. ABC Corp. M&A team anticipates the revenue synergies with the following probabilities: Revenue Synergy Probability 50% 25% 20% 50% 0% 25% PART A (5) Assuming that Innovator Inc.'s pretax profit margin is 20%. Estimate the required cost synergies (the necessary indicative reduction of Innovator Inc's baseline costs) to justify a 30% premium under the scenario that ABC Corp does not realize any revenue synergies. PART B (5) Revise your calculation by assuming the above probability distribution for revenue synergies and estimate the required cost synergies. PART C (5) Assuming that ABC can achieve post-integration sustainable revenue synergies of 15% and a 5% cost reduction in the target's baseline costs, would the transaction be value accretive (i.e. create value)? PART D(5) Suppose Innovator Inc. is in a different industry vertical than ABC Corp. We can describe their respective businesses as non-overlapping. Briefly discuss the possibility of value creation with this additional insight