help me please

Help Save & Exit Saved Submit Assignment i Check my work Consider the table given below to answer the following question. 1 11.09 1.76 1.76 2 12.76 2.04 2.04 3 14.80 2.37 2.37 Year Asset value Earnings Net investment Free cash flow (FCF) Return on equity (ROE) Asset growth rate Earnings growth rate 4 17.17 2.75 2.23 0.52 0.16 0.13 0.13 5 19.40 3.10 2.52 0.58 0.16 0.13 0.09 6 21.92 3.40 2.85 0.55 .155 0.13 0.09 7 24.77 3.72 2.48 1.24 0.15 0.10 0.06 8 27.25 3.95 2.73 1.23 0.145 0.10 0.09 9 29.98 3.60 3.00 0.60 0.12 0.10 -0.10 10 32.97 3.96 3.30 0.66 0.12 0.10 1.14 0.16 0.16 0.16 0.16 0.16 0.16 0.16 0.16 0.16 Assuming that competition drives down profitability (on existing assets as well as new investment) to 15.5% i year 6, 15% in year 7, 14.5% in year 8, and 12% in year 9 and all later years. What is the value of the concatenator business? (Do not round intermediate calculations. Enter your answer in millions rounded to 2 decimal places.) Present value million Help Save & Exit Saved Submit Assignment i Check my work Consider the table given below to answer the following question. 1 11.09 1.76 1.76 2 12.76 2.04 2.04 3 14.80 2.37 2.37 Year Asset value Earnings Net investment Free cash flow (FCF) Return on equity (ROE) Asset growth rate Earnings growth rate 4 17.17 2.75 2.23 0.52 0.16 0.13 0.13 5 19.40 3.10 2.52 0.58 0.16 0.13 0.09 6 21.92 3.40 2.85 0.55 .155 0.13 0.09 7 24.77 3.72 2.48 1.24 0.15 0.10 0.06 8 27.25 3.95 2.73 1.23 0.145 0.10 0.09 9 29.98 3.60 3.00 0.60 0.12 0.10 -0.10 10 32.97 3.96 3.30 0.66 0.12 0.10 1.14 0.16 0.16 0.16 0.16 0.16 0.16 0.16 0.16 0.16 Assuming that competition drives down profitability (on existing assets as well as new investment) to 15.5% i year 6, 15% in year 7, 14.5% in year 8, and 12% in year 9 and all later years. What is the value of the concatenator business? (Do not round intermediate calculations. Enter your answer in millions rounded to 2 decimal places.) Present value million