Ch9:O20. Tom Noel holds the following portfolio. Tom plans to sell Stock A and replace it with Stock E, which has a beta of 0.75 . By how much will the portfolio beta change? Stoch investment Beta A $150,000 1.40 B 50,000 0.80 C 100,000 1.00 D 75.000 1.20 Total $375.000 0.260 0.190 0.286 0.234 0.211 Ch9-Q32. If DO=$1.75,g (which is constant) =3.6%, and PO=$32.00, what is the stock's expected total return for the coming year? 9.27% 8.81% 9.03% 8.37% 8.59% Ch9-Q42. Kale Inc. forecasts the free cash flows (in millions) shown below. If the weighted average cost of capital is 11.0% and FCF is expected to grow at a rate of 5.0% after Year 2 , what is the firm's total corporate value, in millions? Year Free cash flow 0 0 1 $50 2 $100 $1,456 $1,606 $1,770 $1,686 $1,529 Ch9-047. You must estimate the intrinsic value of Noe Technologies' stock. The end-of-year free cash flow (FCF1) is expected to be $27.50 million, and it is expected to grow at a constant rate of 7.0% a year thereafter. The company's WACC is 10.0%, it has $125.0 million of long-term debt plus preferred stock outstanding, and there are 15.0 million shares of common stock outstanding. What is the firm's estimated intrinsic value per share of common stock? $52.78 $48.64 $57.08 $54.89 $50.67 Ch9: Q43. Ryan Enterprises forecasts the free cash flows (in millions) shown below. The weighted average cost of capital is 13.0%, and the FCFs are expected to continue growing at a 5.0% rate after Year 3. What is the firm's total corporate value, in millions? $331.06 $314.51 $366.82 $348.48 $386.13