Following are financial statement numbers and select ratios for Target Corp. for the fiscal year 2011 (ending January 28, 2012). Current Forecast Horizon Terminal ($ millions) 2011 2012 2013 2014 2015 Year Sales 69,865 72,450 75,131 77,910 80,793 83,217 Net operating profit after tax (NOPAT) 3,483 3,623 3,757 3,896 4,040 4,161 Net operating assets (NOA) 32,510 33,698 34,945 36,237 37,578 38,706 Forecast assumptions and other financial information for Target are as follows: Sales growth 3.7% Net operating profit margin (NOPM) 5.0% Net operating asset turnover (NOAT) 2.15 Terminal growth rate 3% Discount rate 5% Shares outstanding in millions 669.3 Stockholders' equity $15,821 Net nonoperating obligations (NNO) $ 16,689 Use the residual operating income (ROPI) model to estimate the value of Target's equity, per share at fiscal year end. Target Corp. shares closed at $50.05 per share on January 28, 2012. How does your valuation compare with this closing price