6. (2.5 points) Amarindo, Inc. (AMR), is a newly public firm with 10 million shares outstanding You are doing a valuation analysis of AMR. You estimate its free cash flow (FCF) in the coming year to be $7 million, and you expect the firm's free cash flows to grow at the rate of 1% in perpetuity. Because the firm has only been listed on the stock exchange for a short time, you do not have an accurate assessment of AMR's equity beta. However, you do have beta data for UAL, another firm in the same industry Equity beta 1.2 Debt beta 0.25 Debt-to-Equity ratio 0.8 XYZ AMR has a much lower debt-equity ratio of 0.5, which is expected to remain stable, and its debt is risk free. AMR's corporate tax rate is 40%, the risk-free rate is 5%, and the expected return on the market portfolio is 10%. Estimate AMR's price per share 6. (2.5 points) Amarindo, Inc. (AMR), is a newly public firm with 10 million shares outstanding You are doing a valuation analysis of AMR. You estimate its free cash flow (FCF) in the coming year to be $7 million, and you expect the firm's free cash flows to grow at the rate of 1% in perpetuity. Because the firm has only been listed on the stock exchange for a short time, you do not have an accurate assessment of AMR's equity beta. However, you do have beta data for UAL, another firm in the same industry Equity beta 1.2 Debt beta 0.25 Debt-to-Equity ratio 0.8 XYZ AMR has a much lower debt-equity ratio of 0.5, which is expected to remain stable, and its debt is risk free. AMR's corporate tax rate is 40%, the risk-free rate is 5%, and the expected return on the market portfolio is 10%. Estimate AMR's price per share