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Eayani Bakery's mast rocent FCF was 546 millian; the FCF is expected to grow at a constant rate of 696 . The firm's waCC a

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Eayani Bakery's mast rocent FCF was 546 millian; the FCF is expected to grow at a constant rate of 696 . The firm's waCC a 1496 , and it has is million shares of cummon stock outstanding. The firm has 530 million in short-term investments, which it plans to liquidete and ditribute to commin shareholders via a stock repurchaser; the firm has no other nonoperating assets, it has $368 million in debt and 560 million in prefered stock. a. What is the value of operations? Enter your answer in millions. For example, an answer of $1.23 milion should be entared as 1.23, not 1,230,060. Alond your answer to two Cecimal places. b. Immediately prior to the repurchase, what is the intrissic value of equity? Enter your answer in millions. For example, an answer of 31.23 milisen should be entered as 1.23, nst 1,230,000. Round your answer to two decimal ploces. 5 milion c. Immediately pilor to the repurchase, what is the intrinsic stock price? Round your anower to the nearest cent. per share d. How many shaves will be repurchased? Enter your answer in millons. for examele, an answer of 1.23 million should be entered as 1.23, net 1,230,000. Round yaur answer to two decimal piaces, million shares Hew many shares will remain after the repurchase? Enter your answer in milions. For examcle, an answer of 1.23 mittan sheuld be entered as 1.23, not 1,230.000. Round veur answe to two decimal places. million shares e. Immediately after the repurchase, whot is the intrinsic value of equity? Enter your answer in milions. For example, an anwwer of $1.23 million should be entered as .1.22, not 1.230, 006 Round your answer to two decimal places. s. milion The intrinsic stock price? Round your answer to the nearest cent. per share

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