5. The multi-stage valuation model Aa Aa Consider the case of Red Rabbit Builders: Red Rabbit Builders is expected to generate a free cash flow (FCF) of $495,000 this year, and the FCF is expected to grow at a rate of 16% over the following two years (FCF2 and FCF). After the third year, however, the company's FCFs are expected to grow at a constant rate of 7% per year, which will last forever (FCF4-m). If Red Rabbit's weighted average cost of capital (WACC) is 14%, complete the following table and compute the current value of Red Rabbit's operations. Round all dollar amounts to the nearest whole dollar, and assume that the firm does not have any nonoperating assets in its balance sheet and that all FCFs occur at the end of each year PV(FCFt) Year FCF1 FCF2 FCF3 FCF4 Horizon Value4- oo CF $495,000 op Red Rabbit's debt has a market value of $6,148,324, and Red Rabbit has no preferred stock in its capital structure. If Red Rabbit has 150,000 shares of common stock outstanding, then the total value of the company's common equity is , and the estimated intrinsic value per share of its common stock is per share