ou need to estimate the value of Laputa Aviation. You have the following forecasts (in millions of dollars) of its profits and of its future investments in new plant and working capital: Year 1 2 3 4 Earnings before interest, taxes, depreciation, and amortization (EBITDA) $ 88 $ 108 $ 123 $ 128 Depreciation 28 38 43 48 Pretax profit 60 70 80 80 Tax at 30% 18 21 24 24 Investment 17 20 23 25 From year 5 onward, EBITDA, depreciation, and investment are expected to remain unchanged at year-4 levels. Laputa i