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A given firm has just presented the following figures corresponding to its current financial report. EBIT 300 Depreciation 30 Increase in NWC 20 Investments 10

A given firm has just presented the following figures corresponding to its current financial report.

EBIT	300
Depreciation	30
Increase in NWC	20
Investments	10

The applicable tax is 25%. From now on the FCFs are expected to grow at the industry average of 2% forever. The weighted average cost of capital (WACC) is equal to 10%. What is the enterprise value? (Answers rounded to two decimal digits)

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