Question 26 (3 points) An acquiring firm is analyzing the possible acquisition of a target firm. Both firms have no debt. The acquiring firm believes the acquisition of the target firm will increase its total after-tax annual cash flows by $4.0 million per year forever. The appropriate discount rate for the incremental cash flows is 11 percent. The current market value of the target firm is $75 million, and the current market value of the acquiring firm is $150 million. If the acquiring firm pays $90 million in cash to the target firm's shareholders, what is the net present value of the acquisition? Enter your answer in the box shown below as millions of dollars with 2 digits to the right of the decimal point. Your Answer: Answer ..ahan27 Intel