3. A Inc. has $50 million common shares outstanding, issued $25 million bonds, and $5 million preferred shares. An Inc. will generate free cash flows of $15 million in year one, $25 million in year two, $25 million in year three and $40 million in year four. The company will continue to operate and generate 2% growth to infinity. If the company's WACC is 10%, How much is the Enterprise Value? How much is the value of the equity? (10 Marks)