Use the following table and information to answer questions 26 and 27 The following table presents forecasted financial and other information for XTD Corporation. The table shows end of year numbers (in millions). XTD's WACC is 8%. Year 1 Year 2 Year 3 Net Income $65 $80 $72 $45 Free cash flow $40 $50 26) What is an appropriate estimate of XTD's terminal value as of today, using warranted price-to-earnings of 12.0 at year 3? $888.8 million $ 1,036 8 million $ 7621 million $395.2 million Use the following table and information to answer questions 26 and 27 The following table presents forecasted financial and other information for XTD Corporation. The table shows end of year numbers (in millions). XTD's WACC is 8%. Year 1 Year 2 Year 3 Net income $65 $72 $80 Free cash flow $40 $45 $50 27) What is an appropriate estimate of XTD's terminal value as of today, using perpetual-growth assuming a constant growth rate of 4% after year 3? 5894 5 1.241 O $1.032 5948