A. A company has $1 million in excess cash, no debt, and is expected to have free cash flow of $10 million next year. Its FCF is then expected to grow at a rate of 3% per year forever. If the company's equity cost of capital is 11% and it has 5 million shares outstanding, what should be the price of the company's stock?

B. This year, a company has earnings before interest and taxes of $10 million, depreciation expenses of $1 million, capital expenditures of $1.5 million, and has increased its net working capital by $500,000, If its tax rate is 35%, what is its free cash flow?

C. you notice that company CC has a stock price of $41.27 and EPS of $1.83. Its competitor PC has EPS of $3.42. But company JS has a P/E ratio of 33.3. Based on this information, what is one estimate of the value of a share of PC stock?