A firms free cash flow is expected to be $12m at t=1 and to grow at 6% perpetually. If the firms WACC is 11%, what is the firms total market value (in millions, e.g. enter 125 for $125m) according to the Corporate Valuation Model?

If the firm has 5m common shares outstanding and the combined market value of its debt and preferred stock is $30m, what is the intrinsic value per share of common stock?

Now assume FCF1=$12m and g=15% for year 2 before ultimately settling in at 5% for the long term. If the firms WACC is 11%, what is the firms total market valuein millions according to the Corporate Valuation Model?