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You need to estimate the value of Loputa Aviation. You have the following forecasts (in millions of dollars) of its profits and of its future

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You need to estimate the value of Loputa Aviation. You have the following forecasts (in millions of dollars) of its profits and of its future investments in new plant and working capital: : From yer 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 12%, its debt yields 8%, and it pays corporate tax at 30%. a. Estimate the company's total value. Note: Do not round intermedlate calculations. Enter your answer in millions rounded to the nearest whole amount. b. What is the value of Laputa's equity? Note: Do not round intermedlate calculations. Enter your answer in millions rounded to the nearest whole amount

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