(1) Below information extracted from Compaq Computer for dividend growth model measurement Partial balance sheet for Compaq Computer Irredeemable debentures @ 6% Capital Share @ $8.5 $57 Billion $85 Billion The risk-free rate is 3% and the market rate at 8%, Hewlett-Packard (HP) equity beta 1.8 and the corporate tax rate at 25% Page 2 of 3 May - Aug. 2020 Final Assignment BF1305 Merger. Acquisition & Corp. Restructuring Based on Hewlett-Packard (HP) projection the merger, the annual cash flow will be increased on the next few years as below; Year 1 Year 2 Year 3 Year 4 S4 billions $4 billions $7 billions $7.5 billions growth forever Required: Compute and comment on the estimate purchase value for Compaq Computer by using. (1) Equity value. (12 marks) (11) Weightage average cost of capital (WACC). (12 marks) (111) Outline the THREE (3) main limitations from the above measurement. (6 marks) (iv) Justify the impact of technology changes towards Hewlett-Packard (HP) corporation