Need urgent answer and correct answer. The formula list given is also attached. Please need them as soon as possible and only correct ones with proper explanation.

Capital Asset Pricing Model (CAPM) E(R, )= R, + B, E(R. )-R, ] Modigliani and Miller Proposition I (no tax): V1 = Vu Proposition II (no tax): R = R. +(R. -R. ) Proposition I (with corporate tax): V, = V, + ID Proposition II (with corporate tax): R = R. + (R. - R. [1-I.) Miller (1977) VI =V + 1- (1- 7 1 - I. ) D 1-IThe rm Amble is entirely nanced by equity. It has 4 million shares and a current share price of $8. It is public knowledge that the rm's current management is inefcient and the rm's share price would be $11 ifwell managed. Amble's shares are owned entirely by small sharehoiders. The administrative costs to acquire Amble would be $0.14 million. An acquirer can gain control of the rm and manage it efciently irthey can purchase at least 51% of its shares. Assume the market is semistrong form etcient. a} Lawson, an entrepreneur, can secretly buy 5% oi Amble's shares at the current market price, then make a public bid for a further 46% of the total number of shares at $11 each. What is Lawson's prot? Will the takeover go ahead? Explain. {4 marks} b} Assume that Lawson implements the strategy described in part (a). Amble has made a provision that when a potential acquirer reaches a hoiding of 16% of its shares, all shareholders except the acquirer will be able to buy one new share in Arnble for each share they own at a 40% discount off the current market price. The market believes that Lawson will take control and you can assume a current market price at $11 to start with. {i} How many new shares will be issued? {3 marks} (ii) Atterthe provision has been triggered, what will be the market price or a sh are in Amble? What will be the vaiue of Lawson's shareholding in Arnble? (5 marks) {iii} Will the takeover go ahead? Explain. (4 marks) c} Identify and briey explain an alternative strategy Lawson might use to implement an elTicient takeover of Amote. {100 words) {4 marks} :1} How might the existence of a large shareholder potentially aect a firm's market value? Explain. (tat) words) (5 marks) {Total = 25 marks}