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a. Using the financial statements and other information that you have for MPR, and assuming a 5% perpetual growth rate in the FCFE, value the

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a. Using the financial statements and other information that you have for MPR, and assuming a 5% perpetual growth rate in the FCFE, value the equity using the FCFE method. HINT: The valuation we did in class used the FCFF approach. Here you are asked to use the FCFE approach. The first step is to compute the FCFE for the most recent year. Since we computed the FCFF in class (23.96334), use the formula that links FCFF and FCFE (from page 6 of handout II. B., FCFE + net paym't debt principal + AT interest = FCFF + AT non-operating income). b. Does this value equal the estimated value using the FCFF method (which we computed in class)? Why or why not

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