All figures in USD thousands unless stated Year $0$ Year $1$ Year $2$ Year $3$ Year $4$ Year $5$ Year $6$

Unlevered Free Cash Flow $43,83845,54845,84048,31047,99349,69850,976$

Debt $33,22234,30438,05843,23450,51755,48060,198$

Cash $9,70010,78214,53619,71226,99531,95836,676$

WACC $10\mathrm{.}00\%$

Cost of Equity $13\mathrm{.}50\%$

Given only the above information, what is the Equity Value at the end of Year $0?$ Assume end$-$of$-$year discounting.

Answer

a$.151,854$

b $155,290$

c $175,514$

d $193,501$