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business at the end of 2 0 0 8 . Estimate the value of IDX per share using a discounted FCF approach and the following

business at the end of 2008. Estimate the value of IDX per share using a discounted FCF approach and the following data:
Debt: $25 million
Excess cash: $106 million
Shares outstanding: 50 million
Expected FCF in 2009: $47 million
Expected FCF in 2010: $54 million
Future FCF growth rate beyond 2010: 4%
Weighted-average cost of capital: 9.4%
The enterprise value in 2008 is $ million. (Round to the nearest integer.)
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