3. Super Company stock is selling for $200 per share which you believe is greatly undervalued. So you are considering making an offer for all
of the Super stock. You have estimated Super's free cash flow for the next 5 years shown below, and you expect FCF to grow 3% per year
beyond that 5 year horizon. You note that the company has $1,500,000 of outstanding debt and a required rate of return of 15%.
	A. Based on this information is Super Company's stock undervalued?
INPUT AREA
YEARS	FREE CASH FLOW ($000)
1	1880
2	2247
3	2650
4	2949
5	3198
	g2	3.0%
	R	15.0%
	Debt book value	$1,500
	Debt market value	$2,000
	Shares (thousands)	100