An analyst forecasts a firm's real Equity Free Cash Flows (EFCF) to be! $10 million next year (t=1); $20 million the year after (t=2); $30 million in 3 years (t=3); and From year 3 onwards, real EFCF is expected to grow at the country's real GDP rate forever. The perpetuity formula can be used to find the terminal value of this stock. The nominal required return on equity is 6% pa. The analyst forecasts GDP growth to be 1% pa in real terms or constant prices from year 3 onwards. Inflation is expected to be 1.5% pa from year 3 onwards. All rates are effective annual rates. What is the firm's market capitalisation of equity? Select one a. $860.8321 million 6. $829.0469 million NE c. $7933714 million d. $750,0052 million e 5438.469 million