6a) The future value of a cash flow is $100,000, and its present value of interest factor is 0.93. What is the present value of this cash flow?

b) You are provided with the following data:

• NOPAT (2020) = $50,000
• Op Cap (2020) = $23,000
• Op Cap (2019) = $18,000

What is the FCF in 2020?

c) Suppose that P & Gs most recent dividend payment was $2.30. The dividends are expected to grow at the constant rate of 5% forever. The required rate of return on the stock is 8%. What is the estimated value of the stock today?