Management wants to evaluate the projected share price for Froggy Toy Frogs, Inc. based on the projected future cash flows of the company.  These cash flows are outlined below.  The company anticipates a 6% growth rate per year after the 5th year, and has a weighted average cost of capital of 10%.  The company has no excess cash, debt of $200 million, and 25 million shares outstanding.  Use the discounted free cash flow model to determine the share price for Froggy Toy Frogs, Inc.

Year	1	2	3	4	5
Free Cash Flow (Millions)	52	59	65	70	82

Using this information:
•    What is the terminal enterprise value of the company?
•    Using the terminal enterprise value, what is the current, present value of the company?