1:17 PM Tue May 12 1:59:41 Exit Island Expeditions, Inc., a privately held company is interested in knowing the value of their stock on a per share basis as a Venture Capital firm has approached their CEO about buying the company. It currently has 50 million shares outstanding. The firm also has $850 million in debt outstanding and a marginal tax rate of 40%. It estimates it has a WACC of 14% Island Expeditions Financial Forecast is below: 2020 (Today) 2021 2022 2023 2024 2025 Revenue 500.00 550.00 605.00 665.50 732.05 768.65 Net Income 100.00 110.00 121.00 133.10 146.41 153.73 Interest (1-1) 2.40 2.64 2.90 3.19 3.51 3.69 NOPAT 102.40 112.64 123.90 136.29 149.92 157.42 Depreciation 300.00 330.00 363.00 399.30 439.23 461.19 200.00 220.00 242.00 266.20 292.82 307.46 Capital Expenditure Investment in WC 37.50 41.25 45.38 49.91 54.90 57.65 Assume that the free cash flow to the firm levels off and grows at a constant rate of 5% per year after 2025. Based on the information provided, what is the FCFF in 2025: $241.43 $368.80 $253.50 $262.37 D 2 the same data acabave what is the terminal value of Island Exaditions in 20252