Suppose you can estimate the free cash flow for Hoosier Electronics for the next 3 years. You predict that FCF will be $48.00, $5200, and $62.00 million respectively. After the third year, you believe that FCF's will grow forever at 5.00% The firm's WACC IS 10.00%. Currently, the book value of bonds is $216.00 million, the book value of notes payable is $69.00 million, and the book value of preferred stock is $33.00 million. If the firm has 35.00 million shares of common stock outstanding, what is the equity value per share Submit Answer format: Currency: Round to: 2 decimal places Consider recent financials for Ellie's Essentials LLC Balance Sheet 2020 2019 Current Assets $11,144.00 $10,000.00 Net PPE $31,000.00 $30,000.00 Total Assets $42,144.00 $40,000.00 $8,987.00 $8,000.00 Current Liabilities Long-term debt $13,079.00 $12,000.00 Total Liabilities $22,066.00 $20,000.00 Shareholder Equity $20,078.00 $20,000.00 Liabilities and Equity $42,144.00 $40,000.00 2020 2019 Income Statement SALES $11,000.00 $10,000.00 COGS $4,400.00 $4,000.00 GROSS PROFIT $6,600.00 $6,000.00 S&A $1,100 00 $1,000.00 Depreciation $550.00 $500.00 EBIT $4,950.00 $4,500.00 INTEREST $1,272.00 $1,200.00 EBT $3,678.00 $3,300.00 $1,471 20 $1,320.00 TAXES (40.00%) NET INCOME $2,206.80 $1,980,00 Going forward, analysts have forecasted the following free cash flows $2,500.00 in 2021, and $2,600.00 in 2022. After that point, analysts expect free cash flows to grow at 3.00%. The fim has no short-term debt or preferred stock, and there are 1,000 shares outstanding. The firm's cost of capital is 12.00% You are trying to estimate the value of Doc McRuffins Incorporated. It is a rival firm to Ellie's Essentials, but not publicly traded. You do know that Doc McRuffins has an EBITDA of S4 750 for 2020 Using multiples what is a rough estimate for the enterprise value of Doc McRuffins