16) Calculate the Present Value of the Terminal Value using the Exit Multiples Method using the information outlined below (8 points): In the last year of a five (5) year forecast, the company was projected to perform as follows: EBIAT $ 100 Tax Rate 25% Depreciation Expense $ 10.00 Capital Expenditures S 12.00 Change in Net Working Ca $ 7.00 EV/EBITDA Comparables 10.00 WACC 8.0% Multiples Method EV/EBITDA Comparables 10.00 EBIT Depreciation Expense EBITDA $ 10.00 Terminal Value Discount Factor PV Terminal Value