Standard, Inc reported EBIT of s35 million for last year Depreciation expense totaled $20 miltion and capital expenditures came to $7 million Free cash flow is expected to grow at a rate of 6% for the foreseeable future Stuart faces a 40% tax rate and has a 040 debt to equity ratio wth S120 million market value) in debt outstanding Standard's equity beta is 1.25, the nsk-free rate is currently 5% and the market risk premium is estimated to be 75% what is the arrent value n milions) of Standard's egaty? Multiplo Choice $352 42 $55679 237 3 $427 42 65555