Struggling to understand DCF

Pierce Corporation management, prior to its Annual Meeting on December 1, 2008, prepared the following estimates of projected Annual Free Cash Flow (FCF): 2008 Free Cash Flow (FCF) EBITDA 2009 $6,000 2010 $7,000 2011 $8,000 $10,000 $4,000 A Based on the Free Cash Flow estimates in the chart above, a WACC of 12% and a LT perpetuity growth rate of 5%, please calculate Enterprise Value as of YE 2008 for Pierce Corporation utilizing discounted cash flow (DCF). Also calculate the implied EV/EBITDA multiple at YE 2008 based on this DCF calculation and LTM EBITDA of $4,000 B. Using the same cash flow estimates, WACC and a Terminal Value (TV) Market Multiple of 8x EBITDA, please calculate the 2011 Terminal Value, and the 2008 Enterprise Value (EV) for Pierce assuming a 2011 projected EBITDA of $10,000