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AutoMotors Company has a FCF of $6 million today and this is expected to grow at a constant rate of 5% per year. The beta

AutoMotors Company has a FCF of $6 million today and this is expected to grow at a constant rate of 5% per year. The beta is 1.4 and the company has $15 million in debt. They have 4 million shares and the debt represents 35% of capital. The interest rate on their debt is 7% and the tax rate is 25%. The risk free rate is 3% and the market return is 9%.
What is the value of AutoMotors company?

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