The following information is given about Anzac Corporation. Using the information, estimate the value of the company using free cash flow method (FCFF). The free cash flow will grow at the following rates for the following five years, respectively: 110, 80, 70, 50, 40, and 5 percent, thereafter.

Sales and Administrative Expenses	100
Capital	1600		Growth rates	Years
Tax rate	0.3		1.1	1
Debt	400		0.8	2
Other operating expenses	180		0.7	3
Depreciation	300		0.5	4
Interest Expense	60		0.4	5
Capital expenditures	150		0.05	6
Cost of Goods Sold (COGS)	1200
Change in working capital	104
Sales Revenue	2000
market return	0.12
Cost of debt	0.1
beta	1.5
risk-free rate	0.04