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Based on the data for HP Inc. below and your calculations in #2 - 4, estimate following: . the company's Enterprise Value (present value of

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Based on the data for HP Inc. below and your calculations in #2 - 4, estimate following: . the company's Enterprise Value (present value of all future cash flows) Enter your answer as a positive number in millions of dollars Assume that growth rate g = risk free rate HPQ BALANCE SHEET Fiscal year ends in December. USD in millions 2019-12 Assets Liabilities and stockholders' equity Short-term debt 1,678 Total cash 4,537 Accounts payable 14,793 Receivables 8,939 Other current liabilities 10,450 Inventories 5,734 Total current liabilities 26,921 Other current assets 967 Long-term debt 4,780 Total current assets 20,177 Other long-term liabilities 4,587 Net property, plant and equipment 12,794 Total non-current liabilities 9,367 Other long-term assets 10,496 Total liabilities 36,288 Total non-current assets 23,290 Total stockholders' equity 7,179 Total assets 43,467 Total liabilities and stockholders' equity 43,467 U.S. Treasurys Beta 0.97 Number of shares (millions) 1,515 COUPON CO PRICE CHG YIELDON) YIELD CHG Market risk premium 5.50% 30-Year Bond 1/32 1.873 0.003 Income tax rate 23.00% 10-Year Note 1 25 0/32 1.257 0.004 Price per share 22.25 7-Year Note 0/32 1.048 -0.008 HP Inc. 3.75% coupon bond with semiannual payments and maturity in 10 years is currently 5-Year Note 0.625 1/32 0.774 0.01 trading at 105.08 (percent of par value) 3-Year Note 0.37 0/32 0.436 0.011 2-Year Note 0.12 0/32 0.222 -0.004 ($millions) 0.002 Revenue 58,756 1-Year Bill 0 0/32 0.070 EBIT 4,187 6-Month Ball 0/32 0.052 0.002 Free cash flow 1,983 3-Month Bill 0/32 0.055 0.002 Net Income 3,152 CapEx (671) 1-Month Bill 0/32 0.042 0.005 Depreciation 744

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