You are going to value YikYak Doll Co. using the FCF model. After consulting various sources, you find that the company has a reported asset beta of 1.5, a debt-to-equity ratio of .3, and a tax rate of 40 percent. Assume a risk-free rate of 4 percent and an expected return on the market of 12 percent. YikYaks Doll Co. had an expected EBIT of $45 million in year 1, which is net of a depreciation expense of $4.5 million. In addition, YikYak is planning to invest $4.25 million in capital expenditures and to decrease net working capital by $4.1 million. Assume the companys FCF is expected to grow at a rate of 2 percent into perpetuity, value YikYak using the Free Cash Flow mode AND interpret your calculated numbers. In other words, what does your calculated number mean in plain English?