Amarindo, Inc. (AMR), is a newly public fem wth 8,5 million shares outstanding. You are doing a valuation analysis of AMR. You estimate its free cash flow in the coming year to be $15.25 million, and you expect the firm's free cash flows to grow by 4.5% per year in subsequent years. Because the firm has only been listed on the stock exchange for a short time, you do not have an accurate assessment of AMR's equity beta. However, you to have beta data for UAL another firm in the same industry. I AMR has a much lower debt equity ratio of 0.30, which is expected to remain stable and its debt la risk free. AMR's corporate tax rate is 30%, the risk free rate in 49%and the expected return on the market portfolio ls 10.9% Estimate AMR's equity cost of capital b. Estimate AMR's share price Estimate AMR's ematy cost of capital, The equity cost of capital is II (Round to two decimal places) b. Estimate AMR's share price The share price is $ Round to the nearest cont.) HULDIGOO Labil HUW LOTT Data table nge for a sh - X Debt-equity folio is 10.99 (Click on the following icon in order to copy its contents into a spreadsheet.) Equity Beta 1.95 Debt Beta 0.39 Debt-Equity Ratio 1.3 UAL Print Done