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eitenstein Technologles (RT) has just developed a solar panel capable of generating 200% more electricity than any solar panel currently on the market. As a

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eitenstein Technologles (RT) has just developed a solar panel capable of generating 200% more electricity than any solar panel currently on the market. As a esult, RT is expected to experience a 15% annual growth rate for the next 5 years. By the end of 5 years, other firms will have deveioped comparable technology, nd RT's growth rate will slow to 5% per year indefinitely. RT has an 11% weighted average cost of capital. The most recent annual free cash fiow (FCFo) Was 3.20 millibn. a. Calculate AT's expected FCFs for t=1,t=2,t=3,t=4, and t=5. Do not round intermediate calculations. Enter your answer in malions. For example. an answer of $1 million should be entered as 1 , not 1,000,000. Round your answers to three decimal places. FCF1=5FCF2=5FCF3=5FCF4=5FCF1=5millionmillionmillionmilionmillion b. What is the horizon value at t=5(HV4) ? Do not round intermediate calculations. Enter your answer in millions. For example, an answer of st milion should be entered as 1 , not 1,000,000, found your answers to two decimal places. 5 milision c. What is the present value of the horizon value (HVs) ? Do not round intermediate calculations. Einter your answer in millions. For example, an answer of 51 million should be entered as 1, not 1,000,000. Round your answers to two decimal places. 5 million d. What is the present value of the free cash flows expected at t=1,t=2,t=3,t=4, and t=5. Do not round intermediate calculations. Enter your answer in millions. For example, an answer of $1 malion should be entered as 1, not 1,000,000. Round your answers to two decimal places. 5 miltion e. What is the value of operations at t=0 ? Do not round intermediate caiculations, Enter your answer in millions. For example, an answer of s1 million should be entered as 1, not 1,000,000. Round your answers to two decimal places

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