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Victoria Enterprises expects earnings before interest and taxes (EBIT) next year of $2.1 million. Its depreciation and capital expenditures will both be 5312,000, and it

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Victoria Enterprises expects earnings before interest and taxes (EBIT) next year of $2.1 million. Its depreciation and capital expenditures will both be 5312,000, and it expects its capital expenditures to always equal its depreciation. Its working capital will increase by 549,000 over the next year. Is tax rate is 37% If its WACC is 10% and its FCFs are expected to increase at 3% per year in perpetuity, what is its enterprise value? The company's enterprise value is $ (Round to the nearest dollar)

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