$1.$ Write out the equation for free cash flows and explain it$.$

$2.$ Why might someone use the corporate valuation model for companies that have a history of paying dividends?

$3.$ What steps are taken to find a stock price using the corporate valuation model?

$4.$ Why might the calculated intrinsic value differ from the stock's current market price? Which would be "correct," and what does "correct" mean?