The following are forecasted residual operating income (ROPO) for Reed Corporation for Year 7 Terminal Current Forecast Horizon (5millions) Year 7 Year 8 Year 9 Year 10 Year 11 Residual operating income ROPO 51.929 $2.09952,204 $2.114 52.470 Year 32:41 Assume a discount rate of 6%, an expected terminal growth rate of 2%, 2017 NOA of $29.896, and 2017 NNO 0f 517,314. What is the firm's equity value using the ROPI valuation model? Select one a. 556,899 6. $72,777 o c. None of these are correct d $79,584 e. $17,314