Please Show Steps: NOPLAT, depreciation, and gross investment for year 1 have been forecasted to be $10.0, $2.5, and $13.61, respectively. Assume a short horizon of three years. Compare the results of this three-year horizon to a5-yearforecasted horizon. The company's management team forecasted ROIC for years 1-3 to be 18 percent and 11 percent after that period. The company executives also forecasted NOPLAT to grow at 20 percent for years 1-3 and a decline to continuing growth rate of 7 percent thereafter. Depreciation in year t = 25% of NOPLAT in year t. Finally, the management team has estimated an initial WACC of 14 percent for years 1-3, and declining to 12 percent after the initial forecasted period.