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You need to estimate the value of Laputa Avlation. You have the following forecasts (in milions of dollars) of its profits and of its future

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You need to estimate the value of Laputa Avlation. You have the following forecasts (in milions of dollars) of its profits and of its future nvestments in new plant and working capital: From year 5 onward, EBITDA, depreciation, and investment are expected to remain unchanged at year 4 levels. Laputa is financed 60% by equity and 40% by debt. Its cost of equity is 18%, its debt yields 9%, and it pays corporate tax at 30%. o. Estimate the company's total value Note: Do not round intermediate calculations. Enter your answer in millions rounded to the neorest whole amount. b. What is the value of Laputa's equity? Note: Do not round intermediate calculations. Enter your answer in millions rounded to the nearest whole amount

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