The following are forecasted residual operating income (ROPI) for Reed Corporation for Year 7: Current Forecast Horizon Terminal Year Year ($millions) Year 7 Year 8 Year 9 Year 10 11 Residual operating income (ROPI) $1,999 $2,099 $2,204 $2,314 $2,430 $2,479 Assume a discount rate of 5%, an expected terminal growth rate of 2%, Year 7 NOA of $29,896, and Year 7 NNO of $17,314. What is the present value of the terminal year value using the ROPI valuation model? O $56.899 $82,633 O $67,982 O $27.314