doing a valuation of TechnoSA on the basis of CIBC World Capital Markets analysts following information: . Year 0 sales per share=$30 Sales growth rate=10% for three years Free Cash Flow for Equity (FCFE) grows at 6 % annual thereafter Net profit margin=10% forever where Net profit margin=Net Income/Sales Investment in fixed capital= 40% of sales increase Annual increase in working capital=20% of sales increase Debt Financing=30% of net investments in capital equipment and working capital Beta=1.50; risk-free rate=5%, equity risk premium=8% . Which is closest to the estimate of the Free Cash Flow for Equity (FCFE) for year 3? $2.24 $2.04 $2.47 $2.63 Which is closest to the estimate of the present value of Free Cash Flow for Equity (FCFE) for the first three years? $5.55 $7.31 $4.92 $6.75 Which is closest to the estimate of the stock price of TechnoSA? $16.97 $19.78 $15.68 $14.85