Consider the following information about company Gs performance and financial position in year t and t+1: - Net profit year t = 60; net profit year t+1 = 80 - Beginning book value of equity year t = 900 - Dividend year t = 20; dividend year t+1 = 50 - Cost of equity = 10 percent If an analyst assumes that company Gs abnormal earnings will be zero in year t+2 and beyond, her estimate of the companys terminal (equity) value at the end of year t+1 under the abnormal earnings growth valuation method is

1. ? 0
2. ? 14
3. ? (140)
4. ? 140