10) (6 pts) Company FFF's most recent EPS is $7.00. You expect the company will increase Epstein 16% next year (2022) and then an additional 9% the following year (2023). You also expect that Company FFF will sell at a P/E multiple (tem) of 27 in 2 years (2023). The company is expected to pay out 20% of earnings as dividends and the required rate of return for FFF is 8%? a) What is your estimate for Earnings per Share over the next two years? EPS (2022) = EPS (2023) b) What is your estimate for Dividends per Share over the next two years? Div. (2022) = Div. (2023) - c) Using a P/E multiple approach what is your estimate of the stock price in 2 years (2023)? Estimate of Stock Price in 2 years (2023) = $ d) What is your estimate of the Intrinsic (Fair Market) value of Stock FFF today (2021)? $. 11) (6 pts) You expect Co. MM to generate FCF of 5100 million next year (2022) and FCF of $115 million in two years (2023). After two years, you expect the company's FCF to grow at a constant rate of 4.5%. The WACC for Company MM is 7.6%. Co. MM has $900 million in debt and 30 million shares outstanding. What is you restimate of the Instrisic (Fair Market) Value per share for Company MM using a FCF model. (Please show your work) Intrinsic (Fair Market) Value per share =