Amarindo, Inc. (AMR) is a newly public firm with 10.0 million shares outstanding. You are doing a valuation analysis of AMR. You estimate its free cash flow in the coming year to be $15.00 million, and you expect the firm's free cash flows to grow by 4.0% 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 do have beta data for UAL, another firm in the same industry. AMR has a much lower debt-equity ratio of 0.30, which is expected to remain stable, and its debt is risk free. AMR's corporate tax rate is 40%, the risk-free rate is 5.0%, and the expected return on the market portfolio is 11.0% a. Estimate AMR's equity cost of capital b. Estimate AMR's share price CBD a. Estimate AMR's equity cost of capital, The equity cost of capital is % (Round to two decimal places.) b. Estimate AMR's share price. The share price is $ (Round to the nearest cent) X 1 Data table (Click on the following icon in order to copy its contents into a spreadsheet.) Equity Beta Debt Beta Debt-Equity Ratio UAL 1.50 0.30 1.0 Print Done