Computing ROPI for Multiple Years Use the following data to compute ROPI for Intel Corporation for 2016 through the terminal period. Assume that the company's weighted average cost of capital is 9%. Horizon period Actual 2015 $ millions Sales.................. NOPAT ........ NOA................. 2016 $61,444 13,518 57,157 2017 $67,588 14,193 62,873 2018 $73,660 15,469 68,521 2019 $78,851 1 5,770 72,674 Terminal Period $80,400 15,276 74,101 11,288 51,488 Computing Present Value of Terminal Residual Operating Income Use the following data to compute the present value of the terminal period ROPI for each of the four firms A through D. Assume a forecast horizon of four years. Terminal period ROPI..... Weighted average cost of capital (WACC)........... Terminal period growth rate. .... $171,345 $10,101 $57,008 $87,956 7.2% 11% 8.8% 13% 2.0% 1% 2.5% 2%