1) You observe that Intel (Ticker. INTC) is currently free cash flow of $3.50/shr. Assuming an appropriate discount rate for INTC shares is 12%, what is the value of INTC shares if you are forecasting its free cash flows to grow at 3% per year indefinitely? 2) Tesla (ticker: TSLA) is currently trading at $257.00/shr. The consensus of analysts following TSLA is forecasting EPS next year of S4.43/shr. Assume that TSLA's cost of capital is currently 11%, and, beyond 2024, analysts are anticipating TSLA will continue to reinvest all of its EPS at its current ROB of 40%. Finally, come 2030 , analysts' consensus is that TSLA will pay out 80% of EPS as dividends, and reinvest the remaining 20% of EPS at a presumed ROE of 27.25%. a. Show that these assumptions justify the current share price of $257.00/shr. b. If instead, analysts estimated TSLA's terminal value as 15X EPS, how, if at all, does your valuation change? c. Do a sensitivity analysis of your valuation by varying r between 10% and 12%, and long-term growth between 5% and 7%. Note: this should be a 3 X 3 matrix