You are part of a team of analysts working on the valuation of Solo Inc. You have just gathered the following information on the company Note: We are at the end of Year 0. Projections Solo Inc. (S Millions) Year 0 Year1 Year 2 Year 3 168 108 400 250 100 100 45 770 750 45 Firm FCF 359 338 747 150 70 400 EBITDA Cash 120 Other Noa-Opecating Assets (excinding cash) 800 48 Total Debt Interest Expenses Additional Assumptions 10-year Treasury rate Cost of debt Total number of shares outstanding at the end of Year o (in millions) Tax rate Histocical equity beta 4.0% 6.0% 42 Historical D/V Market Risk Premium Grouth Rate of FCF After Year 3 Grouth Rate of Interest Expenses After Year 3 0.75 0.20 5.5% 3.0% 0.0% cash as a non-operating asset and also decided to use the following formmla for the unlevere 1+(1-t) sume: ,-0