Victoria Enterprises expects earnings before interest and taxes (EBIT) next year of $1.4 million. Its depreciation and capital expenditures will both be $304,000, and it expects its capital expenditures to always equal its depreciation. Its working capital will increase by $46,000 over the next year. Its tax rate is 35%. If its WACC is 10% and its FCFs are expected to increase at 4% per year in perpetuity, what is its enterprise value? EXITO The company's enterprise value is $ (Round to the nearest dollar.) 4 You have just been offered a contract worth $1.21 million per year for 7 years. However, to take the contract, you will need to purchase some new equipment Your discount rate for this project is 12.3%. You are still negotiating the purchase price of the equipment. What is the most you can pay for the equipment and still have a positive NPV? CITTS The most you can pay for the equipment and achieve the 12.3% annual return is $million (Round to two decimal places.)