Estimating Share Value Using the DCF Model Following are forecasts of Target Corporation's sales, net operating profit after tax (NOPAT), and net operating assets (NOA) as of February 2, 2019, which we label fiscal year 2018. Note: Complete the entire question in Excel and format each answer to two decimal places. Then enter the answers into the provided spaces below with two decimal places. Reported Forecast Horizon Period $ millions 2018 Sales NOPAT $76.106 3209 NOA 23.770 Terminal 2019 2020 2021 2022 $79.124 $83.830 $87.234 592.346 Period $93.428 4152 3572 4501 3,939 4767 24.197 26157 26,677 28.761 20.571 Answer the following requirements with the following assumptions: Assumptions Terminal period growth rate Discount rate (WACC) 7.63 Common shares outstanding 517.30 milion Net nonoperating obligations (NNO) $12.473 million Estimate the value of a share of Target common stock using the discounted cash flow (DCF) model as of February 2, 2019 (millions) Increase in NOA ICFF (NOPAT Increase in NOA Present value of horizon FCFF Cum present value of horizon FCFFS Present value of terminal FCFF Reported 2018 Forecast Horizon 2019 2020 2021 2022 Terminal Period 4275 1000 1 3725- 1612 5205 2001 2004 100 1855 0x OM Total firm value 0x NNO 0x Firm equity value 0x Shares outstanding millions) 0x Stock price per shar S 0x