Calculate the intrinsic value of Rio Tinto shares using the free cash flow model of Spreadsheet 18.2. Treat each scenario independently. a. Rio Tintos P/E ratio starting in 2022 (cell G3) will be 11. (Round your intrinsic value to the nearest whole number and per share value to 2 decimal places.)

Intrinsic Value. Per Share

PV(FCFF)

PV(FCFE)

b. Rio Tintos unlevered beta (cell B22) is 1.2. (Round your intrinsic value to the nearest whole number and per share value to 2 decimal places.)

Intrinsic Value. Per Share

PV(FCFF)

PV(FCFE)

c. The market risk premium (cell B27) is 7.5%. (Round your intrinsic value to the nearest whole number and per share value to 2 decimal places.)

Intrinsic Value Per Share

PV(FCFF)

PV(FCFE)