PLEASE ANSWER THIS ASAP

Question 3 equity is 3%. In Suppose company Alpha is considering a takeover of company Beta that is deeply burdened with debt and is on the verge of bankruptcy. Alpha generates perpetual addition to the free cash flow, Alpha has USS 50m of cash inside the company. free cash flow of USS 10m per year and the required return on and Im shares currently traded at US$ 15 per share. The takeover will improve the Alpha is all equity financed, with 10m shares. Beta has 90% market leverage ratio value of Beta's assets by 10%. Assume that shareholders of Alpha and Beta will equally share the gain in this takeover. Required: (a) What is the market value of Beta's assets without a takeover? What is the price that Alpha pays for Beta's total equity (5 marks) (b) Suppose Alpha uses cash in the corporate account to take over Beta's existing shares. How much should Alpha pay for each share of Beta? What is the capital structure of the merged company? What is the share price of the post-takeover (7 marks) Alpha? (C) Suppose Alpha issues equity to compensate Beta's shareholders. How many shares of Alpha per one share of Beta should be issued to Beta's shareholders What is the ownership structure and capital structure of the merged company? (8 marks) (Total 20 marks