$. (20 points) Corporate Valuation The forecasted Free Cash Flows for Magna Vision are summarized as follows: Assume that in this problem, present value (t =0) is the end of 2014 and the following are forecasted free cash flows: 2015 (-$18 million) 2016 (-$23 million) 2017 $46 million 2018 $49 million 2019 $52 million After 2019, MagnaVision's Free Cash Flow is expected to increase at 3% forever. Magna Vision has a WACC of 11%, short term investments of $50 million, and long term debt of $200 million. A) What is the terminal value (valued in 2019)? B) What is the present (end of 2014) intrinsic equity value per share of Magna Vision if there are 100 million shares outstanding