1. MGM has a WACC of 11.4 percent and a tax rate of 20%. It is predicted that WD will have a growth rate of 3% in adjusted cash flow from assets indefinitely. What is WD's enterprise value? (Please answer with a unit of a million dollars. For example, if your answer is $12 million, please enter $12.00) West Digital Inc. 2022 Income Statement ($ in millions) Cost of goods sold 2,315 Selling, general, and administrative expenses 546 Depreciation 311 Earnings before interest and taxes (EBIT) 638 West Digital Inc. Balance Sheet ($ in millions) Assets 2022 2021 Liabilities and Stockholders Equity 2022 2021 Cash and equivalents 503 227 Accounts payable 686 613 Accounts receivable 418 522 Long-term debt 1,300 1,350 Inventory 1,239 1,187 Common stock 1,500 1,500 Net property & equipment 2,290 2,264 Capital surplus 745 745 Intangible assets 360 360 Retained earnings 579 352 Total assets $ 4810 $4,560 Total liabilities & stockholders equity $4,810 $4,560