A company's free cash flow for the next three years are FCF1 - $1.50 million, FCF2 - $2 million and FCF3 - $3.5 million. The FCF will be expected to grow at a constant growth rate 8 4,0% after year 3. The weighted average cost of capital is WACC - 10.1% What is the horizon value using the FCF model? (4 points) b. What is the current value of operations? (6 points) c. If the value of non-operating assets is $10 million total debt is 15 million (no preferred stocks) and there are 1 million shares outstanding for common stock, what will be the intrinsic value per share of common stock? (5 points)