Calculate and interpret the net present value (NPV) of the companies' annual free cash flow (FCF) for a 5 year period (nper) taking into account a constant growth rate (which will need to be calculated), and a discount rate that is equal to your companies weighted average cost of capital (WACC), which is 7%.

http://www.investopedia.com/articles/fundamental-analysis/11/present-value-free-cash-flow.asp

***** CalculateNPV,IRR, andPaybackfor 2 companies. *****

The 2 companies are

a. Jones Soda

https://finance.yahoo.com/quote/JSDA/financials?p=JSDA

b. Reeds Soda

https://finance.yahoo.com/quote/reed?ltr=1

Please provide me a detailed of the calculations and how did you get the result. Not only the final answers.

Thanks