6. Afterpay Ltd's current year's free cash flow is $20 million. It is projected to grow at 12% per year for the next five years. It is expected to grow at a more modest 3% beyond the fifth year. The firm estimates that its cost of capital is 9% during the next five years and then will drop to 7% beyond the fifth year as the business matures. Estimate the value of Afterpay Ltd. (8 marks)