geting Cash Flows 541 VIEW The chapter opener talked about the $12 billion acquisition by Molson Coors of the MillerCoors joint venture. According to Molson, the acquisition provided 15 years' worth of tax savings in the amount of $250 million per year. These tax benefits had a present value at the time of the acquisition of $2.4 billion. Assume that the tax benefit stream is an annuity due, meaning that the first year of benefits comes immediately. What is the discount rate that Molson Coors is applying to this deal