10 10 points Problem 13-24 (Algo) Required: The MoMi Corporation's cash flow from operations before interest and taxes was $1.7 million in the year just ended, and it expects that this will grow by 5% per year forever. To make this happen, the firm will have to invest an amount equal to 17% of pretax cash flow each year. The tax rate is 21%. Depreciation was $230,000 in the year just ended and is expected to grow at the same rate as the operating cash flow. The appropriate market capitalization rate for the unleveraged cash flow is 12% per year, and the firm currently has debt of $3 million outstanding. Use the free cash flow approach to calculate the value of the firm and the firm's equity. (Enter your answer in dollars not in millions.) Answer is complete but not entirely correct. Value of the firm $ 12 Value of the firm's equity $ 9 10 9 points Problem 13-12 (Algo) Required: Eagle Products' EBIT is $520, its tax rate is 35%, depreciation is $26, capital expenditures are $66, and the planned increase in net working capital is $32. What is the free cash flow to the firm? Free cash flow eBook Print References 8 00 10 points eBook Problem 13-21 (Algo) The FI Corporation's dividends per share are expected to grow indefinitely by 4% per year. Required: a. If this year's year-end dividend is $9 and the market capitalization rate is 10% per year, what must the current stock price be according to the dividend discount model? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Current stock price Print References b. If the expected earnings per share are $14, what is the implied value of the ROE on future investment opportunities? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Value of ROE % c. How much is the market paying per share for growth opportunities (that is, for an ROE on future investments that exceeds the market capitalization rate)? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Amount per share