The following table presents forecasted financial and other information for Havasham Industries: 2015 2016 2017 Projected EBIT $ 317 $ 339 $ 363 Earnings after tax 197 210 225 Free cash flow 135 144 155 Havasham's WACC 8.2% Expected growth rate in FCFs after 2017 4.0% Warranted MV firm/FCF in 2017 19.4 Warranted P/E in 2017 18.7 What is an appropriate estimate of Havashams terminal value as of the end of 2017 using a warranted price-to-earnings multiple as your estimate? $225 million $3,833.0 million $4,207.5 million $4,365.0 million $6,788.1 million None of the options are correct.