22. Analysts provide the following estimates for free cash flows for Pizza Pal (USD Millions Free cash flow 2018E 9.9 2019E 11.0 After 2019, free cash flows are expected to grow at a constant rate of 2% per year, forever You estimated the weighted-average cost of capital (WACC) for Pizza Palace to be 10%, if the market value of debt is $5.5 million and there are 5 million shares outstanding, what is the intrinsic value of a share Pizza Palace stock? res risk ave 23. The probability distribution of AMC's stock price one year from now is specified in the table The price of AMC stock today is $13.75. State of nature Bust Normal Probability 0.05 0.80 0.15 Price $9.75 $14.00 $16.50 What is the expected return on AMC's stock