4. An acquiring firm is analyzing the possible acquisition of the target firm. Both firms have no debt. The acquiring firm believes the acquisition of the target firm will increase its total after-tax annual cashflow by $3.7 million per year forever. The appropriate discount rate for the incremental cash flows is 8%. The current market value of the target firm is $80 million, and the current market value of the acquiring firm is $165 million. What is the value of the target firm to the acquiring firm