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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

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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 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 $ 762.1 million O $ 895.2 million

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