The Alchemy Gold Co. earned $20 million before interest and taxes on revenues of $60 million last year. Capital expenditure was $12 million, and depreciation was $8 million. The change in operating working capital is $3 million. Alchemy expects earnings before interest and tax, capital expenditure, operating working capital, depreciation, and sales to grow at 12% for the next five years. After five years, the growth in sales EBIT, and working capital, will decline to stable 4% per year, and capital expenditure and deprecation will offset each other. Alchemy tax rate is 40%. Assume a weighted average cost of capital (WACC) is 11% during the high growth stage and 8% during the stable stage. a) Calculate the FCFF in year 6. b) Calculate the terminal value in year 5. c) Calculate the value of the firm.