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Alberto Inc. currently holds $410,000 of non-operating marketable securities. Its long-term debt is $1,500,000, but it has never issued preferred stock. Alberto has 65,000 shares

Alberto Inc. currently holds $410,000 of non-operating marketable securities. Its long-term debt is $1,500,000, but it has never issued preferred stock. Alberto has 65,000 shares of stock outstanding. Its current free cash flow is $180,000, and this FCF is expected to grow at a constant 9% rate. Alberto has never paid a dividend, and its not known when the firm might begin paying dividends. The weighted average cost of capital WACC is 15%. Based on this information: (a) Calculate Albertos value of operations. (b) Calculate the companys total value. (c) Calculate the intrinsic value of its common equity. (d) Calculate the intrinsic per share stock price

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