Icarus airlines is proposing to go public and you have been given the task of estimating the value of it's equity. management plans to maintain debt at 30% of the companys present value and you believe that at this capital structure the companys debtholders will demand a return of 6% and stockholders will require 11% . the company is forecasting that next years operating cash flow (depreciation plus profit after tax) will be $68 million and that investment in plant and net working capital will be $30 million. thereafter operating cash flows and investment expenditures are forecast to grow in perpetuity by 4% a year. what is the total value of Icarus? what is the value of the companys equity?