Section 1: Fill in the Blanks (2 points each) Complete each sentence, formula or phrase with the answer that best completes the sentence: 1 APV is similar to that of the NPV except that for the levered firm the APV=NPV of the of an unlevered firm + 2 The _approach discounts the aftertax cash flows from a project going to the equity holders of a levered firm using the cost of capital of equity holders in a levered firm. 3 In analysis of our Fed X vs UPS case, which country opened up its borders to allow penetration by US transporation companies that was expected to significantly fuel year to year growth: 4 occurs if the value of the combined firm after the merger is greater than the sum of the value of the acquiring firm and the value of the acquired firm before the merger