Corvallis Inc. is a publicly traded firms with a stable return on capital of 20% and the following estimates for after-tax operating income each year for the next three years and beyond: Last year 1 2 3 4 EBIT (1-t) in million US$ $ 50.00 $ 60.00 $ 69.00 $ 75.90 $78.18 Expected growth in operating income 20% 15% 10% 3% forever Assuming that Corvallis has a cost of capital of 8%, estimate the value of the operating assets of the firm. Question 1 options: $ 1,022 $ 1,100 $ 1,149 $ 1,324 $ 1,416