You are working for First Boston, a well-known investment bank, and are trying to value the equity of Twitter as part of a potential takeover deal for Mr. Elon Musk, the CEO of Tesla. Mr. Musk has told you that he wants to own the entire company so that he can take Twitter private. To own the company, he needs to purchase 100% of Twitters equity. Its your teams job to determine the true value of Twitters equity so that Mr. Musk doesnt overpay. The other analysts on the team have already performed some calculations which they have given you in the table below. Using this information, calculate the appropriate discount rate that you should use to value the equity of Twitter so that Mr. Musk doesnt overpay. (Hint: valuing the equity of a company is different from valuing the entire company).