5. Wall Inc. forecasts that it will have the free cash flows (in millions) shown below. The weighted average cost of capital is 10% and the free cash flows are expected to continue to grow at 8.2 percent after Year 3 indefinitely. Year 1 2 3 Free cash flow $10.00 -$48.00 $150.50

A. Calculate the firms FCF for year 4.

B. Calculate the Horizon value in year 3.

C. Assuming a $150 million for the companys total market value of debt and preferred stock, and 20 million shares outstanding calculate the CURRENT intrinsic value per share. Show all your work.