21. Industrial Light currently has: Expected free cash flow to the firm in one year = $4.0 million. Cost of equity = 12%. Weighted average cost of capital = 10%. Total debt = $30.0 million. Longterm expected growth rate = 5%. What is the value of equity? * (1 Point) $44,440,000. $80,000,000 $50,000,000. none of the above 22. Free cash flow approaches are the best source of value when: * (1 Point) dividends are not paid. a firm has significant minority interest. return on assets is falling all of the above