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7. Assume that you have full year forecasted financials for 2019-2024 (planning period) and the following financials for after the planning period: 2 points NOPAT

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7. Assume that you have full year forecasted financials for 2019-2024 (planning period) and the following financials for after the planning period: 2 points NOPAT (last year of planning period) = 120 Long term growth rate = 2% Long term ROCB = 11% WACC = 8% What is the present value (at December 2018) of the terminal value of this company using the Convergence Model? Please round your answer to the nearest whole number and provide your answer in USD millions without a dollar sign (e.g. 100 instead of $100). Enter answer here

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