One of the largest defense contractors in the United States reported EBITDA of $$1,290$

million in $1993,$ prior to interest expenses of $$215$ million and depreciation expenses of

$$400$ million. Capex was $$450$ million and NWC is maintained at $7\%$ of revenue, which

was $$13,500$ million that year. The firm had debt with BV of $$3\mathrm{.}068$ billion and MV of

$$3\mathrm{.}2$ billion with a pretax yield of $8\%.$ There were $62$ million shares outstanding, trading

at $$64$ per share, and the beta was $1\mathrm{.}10.$ The corporate tax rate was $40\%,$ treasuries were

yielding $7\%,$ and the market risk premium was $5\mathrm{.}5\%.$

Revenues, earnings, CAPEX, and depreciation were expected to grow at $9\mathrm{.}5\%$ per year

for the next $5$ years. After that, growth was expected to be $4\%.$

$1.$ Estimate the value of the firm using a FCFF model. Answer in millions to two

decimal places. ANSWER IS : $9855\mathrm{.}06($millions$)$ dont know how to get there