Do Pham is evaluating Phaneuf Accelerateur by using the FCFF and FCFE valuation approaches. Pham has collected the following information (currency in euros): - Phaneuf has net income of 250 million, depreciation of 90 million, capital expenditures of 170 million, and an increase in working capital of 40 million. - Phaneuf will finance 40% of the increase in net fixed assets (capital expenditures less depreciation) and 40% of the increase in working capital with debt financing. - Interest expenses are 150 million. The current market value of Phaneuf's outstanding debt is 1,800 million. - FCFF is expected to grow at 6.0% indefinitely, and FCFE is expected to grow at 7.0%. - The tax rate is 30%. - Phaneuf is financed with 40% debt and 60% equity. The before-tax cost of debt is 9%, and the before-tax cost of equity is 13%. - Phaneuf has 10 million outstanding shares. 1) Using the FCFF valuation approach, estimate the total value of the firm, the total market value of equity, and the per-share value of equity. 2) Using the FCFE valuation approach, estimate the total market value of equity and the per-share value of equity