Discount Rate/WACC = 7%/0 10.07% Expected Cashflow from the investment Year NO Cash Flow Em $ 2,097.78 $ 2,184.42 $ 2,255.36 $ 2,323.31 $ 2,375.72 $ 2,423.71 3 4 5 Discounted Cash Flow Year ON II Cash Flow m $ 2,097.78 $ 2,184.42 $ 2,255.36 $ 2,323.31 $ 2,375.72 $ 2,423.71 Discounted Cash Flow m $ 1,960.54 $ 2,041.51 $ 1,969.92 $ 1,896.51 $ 1,812.43 $ 1,728.07 3 4 5 DCF (2097.78/(1+0.07))+2041.51/(1.07)1+1969.92/(1.07)^2+1896.51/(1.07)^3+1812.43/(1/07) 4+1728.07/91.07)^5 = 114,08.98. Firm Name FBM Technologies Mining Support Corp Spillnomore Plc Shelf Drilling NV Gulf Island Structures Corp Gulmark Refineries Inc Total Offshore NV Halliburp Inc International Oilwell Inc Freshwater Horizons plc ConnectTech Ltd Drill Norm Inc Baker Grant SA Market Value of Equity 2723 166 2806 8138 13255 3545 6941 11930 3467 3001 334 99 2765 Net Debt 1466 493 628 5395 10408 1619 3483 3476 724 1753 665 226 2298 Enterprise Value 4189 659 3434 13533 23663 5164 10424 15406 4191 4754 999 325 5063 Based on the information given Recommend a purchase price for Blaine and discuss your choice