2. Watson Dunn is planning to value BCC Corporation, a provider of a variety of industrial metals and minerals. Dunn uses a single-stage FCFF approach. The financial information Dunn has assembled for his valuation is as follows:

The company has 1,852 million shares outstanding

The market value of its debt is $3.192 billion

The FCFF is currently $1.1559 billion

The equity beta is 0.90; the equity risk premium is 5.5%; the risk-free rate is 5.5%

The tax rate is 40%

To calculate WACC, he will assume the company is financed 25% with debt

The FCFF growth rate is 4%

Using this information, calculate the following:

WACC

Value of the firm.

Total market value of equity.

Value per share.