It's the start of 2023. You're examining Marvelous Metronomes (the other 3M) for a possible buyout. The firm's financials show that revenues for the year just ended were $10 billion. Depreciation expenses totaled $400 million, while capital expenditures were $450 million. EBIT for 2022 was $1.5 billion. 3M has $5 billion in debt, trading at 105% of book value. The debt's yield is 5%. 3M has 150 million shares of common stock outstanding, trading at $100 per share. 3M's beta is 1.10. The tax rate is 20%. Treasuries yield 2% and the market risk premium is 8%. NWC is 4% of revenues.

EBIT, depreciation, revenues and capital expenditures are all expected to grow at 30% in 2023, then at 2% annually thereafter. 3M's D/E ratio after 2023 has ended is expected to be 0.40. The pre-tax cost of debt at that time is projected to be 6%. Find the value of the firm, the value of the firm's equity and the share price of the firm, based on your analysis. Please use two decimal places in estimating your cost(s) of capital (e.g., 12.34%).

Provide clear step by step calculation by hand and formulas used. No excel calculation allowed.