Cache Creek Manufacturing Company is expected to pay a dividend of $1 in the upcoming year. Dividends are expected to grow at 7% per year. The stock's current price is $20.00. Using the constant growth DDM, the market capitalization rate is _ A9% B. 12% C. 14% D. 18% The free cash flow to firm is expected to be $2 million and remains constant forever, the WACC is 10% and the cost of equity is 15%. If the market value of the debt is $5 million, what is the value of the equity? A B. C. D. $15 million $20 million $13.33 million $8.33 million