Gilligan's Boat Tours Ltd. most recent free cash flow was $100,000. The company expects free cash flows to grow at 30% per year for the next three years and then be stable in future years. The company's cost of equity (rs) is 12% and its WACC is 11%. The company has $400,000 in long-term debt and has 50,000 common shares outstanding, Required: a. Calculate Gilligan's Boat Tours Ltd. current common share price? (6 marks) b. Below are two industry average multiples. Gilligan's Boat Tours Ltd. capital structure is significantly different than other companies in the same industry. Industry Averages EBITDA multiple 2.5x P/E multiple 6.0x Which multiple would be most suitable to use to estimate Gilligan's Boat Tours Ltd. value relative to companies in the same industry? You do not need to calculate anything, just explain briefly, (2 marks)