You are a financial analyst at RBC. Using the data above, you want to determine the value of first America bank's stock using the Cash Flow to Equity (FCFE) model. you believe that the company's FCFE will grow at 30% for three years and 10% thereafter. Capital expenditures, depreciation, working capital, and net debt are all expected to increase proportionately with FCFE. The required rate of return on equity is 15%.