QUESTION 2 about the interest of ABT, the management of AP has prepared the following presentation for As of January 2019, ABT Inc. is considering the acquisitias offesaradi private firm (AP Co.). Knowing potential buyers. Table 1 provides forecasts for the operations of the firm for the next 3 years. Beyond additional information related to capital market factors. Preparing an initial bid, the managers of ABT are interested in determining the value of AP under a constant leverage ratio (D/V) of 25%. Table 1 1 2 3 1,200 2,400 3,900 180 360 585 200 225 250 (20) 135 335 300 300 300 0 0 0 Sales EBITDA Depreciation EBIT CAPX Investment in Working Capital Table 2 Risk-free Rate (R) Cost of Debt (R) Market Risk Premium WAOC Corporate Tax Rate Unlevered Beta (BA) 5.0% 6.8% 7.2% 15.57% 40% 1.50 Find the value of AP's equity