Firm X is considering performing a considerable investment in year 2023. The value of Firm X (as of the end of 2022) if the investment is done is estimated at $302,551,408.

Below is the Free Cash Flow, EBITDA and Interest Tax Shield for 2023-2027 if the the expansion is not done.

	Firm Value: Not doing the Expansion	2022	2023	2024	2025	2026	2027
	Free Cash Flow of Firm		5,099,243	5,103,413	5,107,411	5,111,263	5,114,990
	EBITDA						7,621,591
	Interest Tax Shield		72,000	72,000	72,000	72,000	72,000

Assume a discount factor of 10% for the Free Cash Flows and the Continuation Value, and 8% for the Interest Tax Shield.

Assume that the EBITDA Multiple is 2.5.

What is the Present Value (as of the end of December 2022) of the Free Cash Flows forecast of Firm X if the firm where not to do the expansion?"

What is the Present Value (as of the end of December 2022) of the Continuation Value forecast of Firm X if the firm where not to do the expansion?

What is the Present Value (as of the end of December 2022) of the Interest Tax Shield forecast of Firm X if the firm where not to do the expansion?