Colt Systems will have EBIT this coming year of $18 million. It will also spend $7 million on total capital expenditures and increases in net working capital and have $4 million in depreciation expenses. Colt is currently an all-equity firm with a corporate tax rate of 30% and a cost of capital of 11%. If Colts free cash flows are expected to grow by 9.5% per year, what is the market value of its equity today?

	A.	$1,000 million
	B.	$1,573.33 million
	C.	$1,106.67 million
	D.	$640 million