Question: Bremer estimates that if it acquires Quantix, the current target capital structure of 30% debt will be maintained. Synergies will cause the free cash flows

Bremer estimates that if it acquires Quantix, the current target capital structure of 30% debt will be maintained. Synergies will cause the free cash flows to be $3 million, $3.3million, $3.6 million, and $3.9 million in Years 1 through 4, respectively, after which the free cash flows will grow at a 5% rate. What is the per share value of Quantix to Bremer Corporation?Assume that Vandell now has $12 million in debt.

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