14. You are valuing a company at year end 2020 that has a target capital structure of 45% equity and 55% debt, That estimated cost of equity 14% and cost of debt(excluding tax effect) is 4%, respectively. The estimated stream of free cash flow to the firm is: Value is 2020 2021 2021 2023 2024 FCF 2000 2400 2550 2870 3000 The expected nominal growth rate of FCF in perpetuity is 2%. The corporate tax rate is 30%. The estimated enterprise value is : a. 47668 b. 44202 c. 44851