TXA free cash flow (FCF) forecast is $160 million for the year 2022, $240 million for the year 2023, and $280 for the year 2024. Analysts forecast that starting from 2024, TXA's free cash flow will settle to a growth rate of 3% per year indefinitely. The Weighted Average Cost of Capital (WACC) of 10% is the appropriate discount rate for TXA. How much is the enterprise value of TXA in 2021 (rounded to the nearest million $)?

options

A. 3559

B. 3650

C. 3881

D. 4000

E. None of the answers in A, B, C and D are correct