A PE firm has just acquired a software company in an LBO transaction. By the end of Year 5 , the PE firm is expecting the company to have an enterprise value of $500 million, and $300 million worth of debt. Additionally, expected cash flows to equity holders (in millions) over the next 5 years are as below: Based on this information, what is your estimate of the value/worth of equity at the end of Year 5 ? $300 million $190 million $245 million $215 million $285 million