Suppose that Washington Co. is a U.S. based MNC that is considering acquiring a target firm in Canada, which Washington would sell after three years. Washington has completed a valuation of the potential target, leading to a valuation of $158.65 million. The finals steps of the valuation are shown in the following table. Note: All values are in millions. Assume that the target's stock price is C$12.50, and there are 10 million shares outstanding. Also assume that Washington would need to pay a 30.00% in order for the target's board of directors to approve the acquisition. Further, assume that the exchange rate of the Canadian dollar remains constant at $0.80 Because Washington's valuation of the target is than the price it would need to pay, Washington likely seek to purchase the target