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22 You have forecast the following Free Cash Flow stream for company VLNK Ltd (all amounts in Eml. Years 1 to 3 is the Explicit

22 You have forecast the following Free Cash Flow stream for company VLNK Ltd (all amounts in Eml. Years 1 to 3 is the Explicit Forecast Period Additionally, you have determined the following: The WACC is 9% NOPAT in Year 3 is 85m. RONIC is 15% Long-term growth rate is 2%. The latest available balance sheet is the following: Year 1 2 3 FCF 49 72 73 Balance Sheet (Em) 2020 Assets Cash (Operating) Cash (Excess) Accounts Receivable Inventory Current Assets Property, Plant and Equipment Equity Investments Total Assets Liabilities and Equity 925 15 pts Praamotnay you have desemnamed the folowa The WACC is 9%. NOPAT in Year 3 is 85m. RONIC is 15% Long-term growth rate is 2% The latest available balance sheet is the following What is the firm's equity value? Balance Sheet (Em) Assets Cash (Operating Cash Excess Accounts Receivable Inventory Current Assets Property, Plant and Equipment Equity investments Total Assets Liabilities and Equity 50 100 2020 925 Accounts Payable Short-Term Debt Accrued Expenses Current Liabilities 130 260 250 925 Long-Term Debr Equity Total Liabilities and Equity

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