The following table presents forecasted financial and other information for Scandinavian Furniture: 2012 2013 2014 Projected EBIT Earnings after tax Free cash flow $317 $339 $363 197 210 225 135 144 155 Havasham's WACC 8.2% Expected growth rate in FCFs after 2014 4.0% Warranted MV firm/FCF in 2014 19.4 18.7 Warranted P/E in 2014 What is an appropriate estimate of Scandinavian Furniture's terminal value as of the end of 2014, using the perpetual-growth equation as your estimate? O $3,628 million O$363 million O $3,833 million O $161 million