A company you are researching is expected to generate the following free cash flows over the next five years. After then, the free cash flows are expected to grow at the rate of 4% per year. Year 1 2 3 4 5 FCF ($ millions) 53 68 78 75 82 Based on your analysis, you have the following information about the company: Cost of debt: 5% Cost of equity: 12% WACC: 8.5% Risk free rate: 2% If the company had a cash balance of $20 million, debt of $100 million, and 10 million shares outstanding, what is the enterprise value based on the above information? 51790 bin $2.051 billion 51537 bilion 51327 blon