Use the following information to answer the following TWO questions.

Analysts project the following free cash flows (FCFs) for Ezzell Corporation during the next 3 years, after which FCF is expected to grow at a constant 7% rate.Ezzell's WACC is 12%. Ezzell has $100 in debt and 50 shares of stock.

Year 0

Year 1

Year 2

Year 3

Year 4

-$50$60

$35???

What is Ezzell's terminal value?

Select one:

a.$535

b.$312

c.$749

d.$700

e.$292

I believe the answer is C please provide steps