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please help You need to estimate the value of Laputa Aviation. You have the following forecasts (in millions of dollars) of its profits and of

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You 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: Earnings before interest, taxes, depreciation, Depreciation Pretax profit Tax at Investment Year and amortization ( EBITDA) 1 $ 88 28 60 18 17 2 $ 108 38 70 21 20 3 $ 123 43 80 24 23 4 $ 128 48 80 24 25 From year 5 onward, EBITDA, depreciation, and investment are expected to remain unchanged at year-4 levels. Laputa is financed 50% by equity and 50% by debt. Its cost of equity is 19%, its debt yields 10%, and it pays corporate tax at 30%. a. Estimate the company's total value. Note: Do not round intermediate calculations. Enter your answer in millions rounded to the nearest whole amount. b. What is the value of Laputa's equity? Note: Do not round intermediate calculations. Enter your answer in millions rounded to the nearest whole amount. a. Total value b. Laputa's equity

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