2021 2022 2023 2024 2025 EBIT 2.9 4.1 4.8 5.8 6.2 Depreciation 1.1 1.2 1.5 1.6 1.9 Tax 0.87 1.23 1.44 1.74 1.86 Net Capital Spending 0.5 0.8 1 1.2 2 Change in NWC 0.25 0.45 0.35 0.55 0.24 For Company XYZ,,the projected cash flow components (in $mil) for the next five years are as follows. WACC is 10% and the growth rate is projected to be 6% for free cash flows during the horizon period after 2025. Using mid-year convention method, What is the EV (Enterprise Value) based on perpetual growth approach? (10 Points) A. 75.87 B. 78.85 C. 81.92 D. 88.85