Please show each working properly with an explanation for each step so that I understand

12. You are creating a DCF for a company with the following year 5 (2024) financial information: ($ millions) Year 2024 Depreciation 50 EBIT 200 Capital Expenditures 90 Investment in NWC 15 Discount Rate 9% Long Term Growth Rate 3% Tax rate = 29% You have calculated a year 5 Terminal Value which is based on a perpetuity of unlevered Free Cash Flow growing at the long-term growth rate of 3%. Using this Terminal Value calculation, what is the implied valuation multiple of Year 5 (2024) EBITDA? EBITDA Depreciat EBIT 29% Net Income Addback Depr OCF Tax $250 50 200 58 142 50 192 Capex (90) Change in NWC (15) FCF in Year Five Growth Rate Discount Rate Terminal Value in Year 5 87 0.03 0.09 $1,493.5 TV/EBITDA 5.97x