+ You are given the following information about Company XYZ below from 2019: $ (thousands) A/P 2019 1,200 Accruals 1,300 Notes Payable 1,500 Long Term Debt 1,000 Common Stock 2,500 Retained Earnings 3,000 # Shares Outstanding (thousands) 200 Current Market Price $15.00 EBIT 450.00 N.O.W.C. 600.00 Net Fixed Assets 1,200.00 Bond Info Bond Type Time to Maturity Face Coupon Outstanding Rate Price (Paid (Years) $ (thousands) Annual) Bond A - Short Term 1 1,500 0.00% $980.00 Bond B - Long Term 5 500 4.00% $1,050.00 Bond C - Long Term 10 500 5.00% $975.00 Tax Rate 30% Additionally, you believe that EBIT will grow at a rate of 5% over the next 3 years, N.O.W.C. will need to grow 4% for the next three years and Net Fixed Assets will grow at 2% for the next three years. Afterwards, you believe Free Cash Flow to grow at a rate of 2% per year. XYZ Inc. has a Beta estimated to be 1.3, the market risk premium is estimated to be 8% p.a. and the risk free rate is estimated to be 1% p.a.