6(a)-6(d) based on the following

6(a) what is FCF at the end of year 1? (b) what is FCF at year 5? (c) What is the terminal value at the end of year 2? (d) What is the forecast stock price per share? PLEASE SHOW ALL WORK IN EXCEL!!!

ABC companys current FCF is $2,000,000, it will grown at 25% for the first 2 years and back to a steady growth rate 7% after 2 years. The WACC is 10%, outstanding shares is 4,000,000. Please use FCF model to estimate the value of their stock. Assume all FCFs happen at the end period.

Current FCF	2,000,000
Anticipated growth rate, years 1-2	25%
WACC	10%
Long-term growth rate, after year 2	7%
Number of shares outstanding	4,000,000