For this question, please use data in the "GHC Free Cashflow Buildup" you've already downloaded. Assuming a Terminal Value at 12/31/2016 of 2,500,000 and an Equity value of 4,800,000, what is the implied Present Value of 2017- 2021 unlevered cash flows? $920,501.00 $1,672,790.00 $3,910,904.00 $2,791,847.00 o $6,672,790.00 For this question, please use the data from both the "GHC Free Cashflow Buildup" and the "IS GHC Assumptions" files you've already downloaded. Using the Exit Multiple Method and other assumptions in the GHC workbook, what is the Present Value of the Terminal Value as of 12/31/2016 for Graham Holdings? For the Exit Multiple, assume 9.0x EBITDA, Assume a WACC of 8%. $2,372,889.82 $2,869,530.16 $3,099,092.57 o $3,254,047.20 $4,216,281.23 ste Times NeW AU BIU xfx Free cash flow buildup scal year end date elect Income Statement Data Levenue COGS, SG&A and other operating expenses interest income Interest expense Nonrecurring non-operating income(expense) Provision for Income Taxes Meno: Depreciation & amortization (included in COGS, SG&A and other operating expenses $-%9 # Condi Forma 12/31/14 12/31/15 12/31/16 2,737,032.00 2,504,312.00 2,586,114.00 2,481,890.00 2,666,939.00 2,178,356.00 2,136 1,909.00 3,093.00 35,533 32,654.00 35,390.00 778,010 -8,623.00 -12,642.00 312,300.00 20,500.00 81,200.00 249,457.00 428,437.00 92,894,00 Fiscal year end date Cash and equivalents Investments in marketable equity securities Working capital amets Intangible assets (including goodwill) 12/31/15 12/31/16 774,952.00 670,816.00 379,445.00 448,241.00 706,325.00 752,289.00 1,146,589.00 1,296,919.00 20 PP&E 21 Working capital liabilities 22 Current portion of long term debt 23 Long-Term Debt 24 25 Fiscal year end date 231.123.00 233,664,00 928,429.00 1,008,743.00 399,800.00 6,128.00 485,719.00 12/31/15 12/31/16 26 Cash flows from inverting activities 29 ARRA 27 Capital expenditures and purchases of intangible assets 28 Common dividends 237.292.00 68,114.00 136.859.00 53,721.00 66,612.00 27,325.00 30 Ready Sheet1 Accessibility and in