Consider the following year-end projections for Krusty Krab Inc. Figures are in $ millions. After 2020, EBIT is expected to grow at 3%, capital expenditures in excess of depreciation will grow at 3%, and net working capital will not change (Delta NWC = 0). Krusty Krab has a tax rate of 38%, its WACC is 9%, its net debt amounts to $650M, and the firm has 35M shares outstanding. a. Estimate the free cash flows for Krusty Krab for the five years 2017 to 2021. b. Based on the 2021 FCF, compute the terminal value as of year-end 2020. c. Compute the enterprise value of Krusty Krab as of year-end 2016. d. Estimate the value per share of Krusty Krab equity