please answer the following question

Kurmaa Berhad is considering acquiring Ruttab Son Bhd. Both companies are supplying foods from natural sources. The following data relate to these companies: Kurmaa Bhd Ruttab Sdn Bhd Number of shares outstanding (units) 2 million 500,000 Price earnings ratio (times) 3.6 5 Earnings per share RM5.00 RM1.00 Pay-out ratio 25% 40% Ruttab Son Bhd has a policy of zero growth rate dividend where the firm is paying at fixed amount of dividend per share every year. However, if the acquisition takes place, it is expected that the earnings and dividends would grow at the rate of 5% annually. Required: a. Calculate the market value of Kurmaa Bhd and Ruttab Sdn Bhd prior acquisition. b. If the acquisition materializes, determine: i. The value of Ruttab Sdn Bhd to Kurmaa Bhd. ii. The value of synergy post acquisition. C. Evaluate whether Kurmaa Bhd should proceed with the acquisition if Ruttab Son Bhd agrees to accept two (2) shares of Kurmaa Bhd for every five (5) shares of Ruttab Sdn Bhd