> 1 2 3 Hor Question 4, P 10-8 (simil... HW Score: 70.83%, 5.67 of 8 points Part 1 of 4 Points: 0 of 1 Save Sora Industries has 62 million outstanding shares. $126 million in debt, 841 million in cash, and the following projected free cash flow for the next four years: Year 0 4 Earnings and FCF Forecast ($ million) 1 Sales 433.0 468.0 516.0 547.0 5743 2 Growth vs. Prior Year 8.1% 10.3% 6.0% 5.0% 3 Cost of Goods Sold (313.6) (345.7) (366.5) (384.8) 4 Gross Profit 154.4 170.3 180.5 189,5 5. Selling, General, & Admin. (93.6) (1032) (109.4) (114.9) 6 Depreciation (7.0) (7.5) (9.0) (9.5) 7 EBIT 53.8 59.6 62.1 65.2 8 Less: Income Tax at 40% (21.5) (23.8) (24.8) (26.1) a. Suppose Sora's revenue and free cash flow are expected to grow at a 3.8% rate beyond year four. If Sora's weighted average cost of capital is 11.0%, what is the value of Sora stock based on this information? The stock price for this case is $(Round to the nearest cent.)