12 The corporate tax rate is 25%. The interest expense for Firm Omega was $10 million for this year. The free cash flow for the firm was $170 million for this year. The net debt of the firm increased by $30 million this year. What is the approximate market value of the firm's equity if the free cash flow to its equity holders grows at 3% per year forever and the cost of equity is 16%? Your choice: 12/25 Qs $1,525.19 million $1,049.81 million $1,480.77 million $1,019.23 million