Following are forecasted sales, NOPAT, and NOA for Colgate-Palmolive Company for 2019 through 2022. Forecast Horizon Period Colgate Palmolive Reported $millions 2018 2019 2020 2021 2022 Sales . .. .. . .......... .. .. . .. $15,544 $16,010 $16,491 $16,985 $17,495 NOPAT ..................... 2,737 2,818 2,902 2,989 3,079 NOA . .. .. .. . . . . . .. ...... . . . 5,837 6,012 6,193 6,378 6,570 Required a. Forecast the terminal period values assuming a I% terminal period growth for all three model inputs, that is Sales, NOPAT, and NOA. b. Estimate the value of a share of Colgate-Palmolive common stock using the discounted cash flow (DCF) model; assume a discount rate (WACC) of 5.7%, common shares outstanding of 862.9 million, net nonoperating obligations (NNO) of $5,640 million, and noncontrolling interest (NCI) from the balance sheet of $299 mill ion. c. Colgate-Palmolive's stock closed at $66.70 on February 21, 2019, the date the Form 10-K was fi led with the SEC. How does your valuation estimate compare with th is closing price? What do you believe are some reasons for the difference? d. The forecasts you completed assumed a terminal growth rate of I%. What if the terminal rate had been 2%? What would your estimated stock price have been? e. What would WACC have to be to warrant the actual stock price on February 2 1, 2019?