1 St5 points) Texlas has sales revenues currently of $145 million (TO). The WACC is 8% Operating expenses, not including depreciation, are estimated at 77% of sales while depreciation averages 7% of sales. These relationships are expected to hold indefinitely. The CFO has noted that Texlas plans on investing $11 million in expanding overseas and will require additional working capital of $7 million to support sales the new sales growth. Both Investments are expected to occur immediately. Because Texias believes it mature, it expects its free cash flow to the firm to grow at a constant 4% rate in perpetuity. Texlas has a tax rate of 3554 Texas currently holds $11.75 million of non-operating marketable securities in excess of normal operating needs its long term debt is $25 million. Texlas has 50.000 shares of stock outstanding. Textas has never paid a dividend and does not expect to a one in the future What is the value of Texton's operations today? Ons helow are $7.23 $25.23 $180.75 $187.98 None of those listed