ABC firm has Free Cash Flow to Firm (FCFF) of 1.5 billion and Free Cash Flow to Equity (FCFE) of 1.2 billion. ABC's WACC is 12% and its required return for equity is 14%. FCFF is expected to grow forever at 6% and FCFE is expected to grow at 6.5%. ABC has outstanding debt of 10 billion. The total value of ABC's equity using the FCFE valuation approach is: O a. 17.04 billion. O b. 29.05 billion O c. 16.75 billion O d. None of the given answers is correct. O e. 26.50 billion