Answer questions 1-4 from the following financial data as of 12/31/20 and for the year then ended or as shown on ACME Corporation, a U.S. based fastener distributor. (All amounts in millions except as indicated) $5,500 $2,000 $3,500 $7,000 $400 Total Assets Long Term Debt Stockholder's Equity Revenues Net Income Free Cash Flow: 2021 2022 2023 2024 2025 2026 2027 2028 S&P 500 Return for 2021 ACME Beta in 2021 10 Year T-Note Return for 2021 Common Shares Outstanding Common Stock Price Per Share 12/31/20 Dividends Paid in 12/31/20 and future years Weighted Average Cost of Capital $360 $470 $550 $650 $710 $850 $950 $990 15% 1.33 4.5% 40 $50 $200 15% 1. What is the expected return on the stock using the capital asset pricing model in 2021? A. 12.5% B. 15.14% C. 18.46% D. 16.62% 2. The sustainable growth rate of ACME for 2020 is? A. 2.86% B. 4.50% C. 5.71% D. None of the above 3. You are preparing a four-year free cash flow proforma analysis to calculate the intrinsic value of ACME. What is the terminal value (rounded to the nearest million) of ACME for this analysis? A. $7,002,000,000 B. $9,763,000,000 C. $8,382,000,000 D. $7,643,000,000 4. Using a four-year free cash flow proforma, what is the Intrinsic Value per share of ACME? A. $94 B. $277 C. $110 $129 D