VIC OLIVIL Tax rate 40 percent Risk-free interest rate 3 percent Market risk presiun 5 percent a. Estimate the target firm's asset beta. (Round your answer to 2 decimal places.) Answer is complete and correct. Target firm's asset beta 0.48 b. Estimate the target's unlevered, or all-equity, cost of capital (KA) (Round your answer to 1 decimal place.) Answer is complete and correct. Target's unlevered, or all-equity, cost of capital (KA) 5.40 c. Estimate the target's all-equity present value (Enter your answer in millions rounded to 2 decimal places.) Answer is complete and correct. Target's all-equity present value $908.52 million d. Estimate the present value of the interest tax shields on the acquisition debt discounted at KA (Round Intermediate calculations to 1 decimal place. Enter your answer in millions rounded to 2 decimal places.) Answer is complete but not entirely correct. Present value $ 627 41 million Selected Additional Information