EX 7. Sora Industries has 60 million outstanding shares, $120 million in debt, $40 million in cash, and the following projected free cash flow for the next four years (see MyFinanceLab for the data in format): 2 3 433.0 1 Year 2 Earnings and FCF Forecast (8 million) 3 Sales Growth Versus Prior Year 5 Cost of Goods Sold 6 Gross Profil 2Seling, General, and Administralive 8 Depreciation 9 EBIT -10 | Less: Income Tax at 40% 11 Plus: Depraciation 12 Less: Capital Expenditures 13 Less: Increase in NWC 14. Free Cash Flow 468.0 8.1 % -313,6 154,4 -93.6 -7.0 53.8 -21.5 7.0 7.7 -6.3 25.3 516.0 10.3% -345.7 170.3 -103.2 7.5 59.6 -23.8 7.5 - 10.0 -8.8 24.6 547.0 6.0% -365.5 180.5 -109.4 -9.0 62.1 -24.8 9.0 -9.9 -5.6 30.8 574.3 5.0% -384.8 109.5 114.9 -9.5 65.2 -26.1 9.5 - 10.4 4,9 33.3 a. Suppose Sora's revenues and free cash flow are expected to grow at a 5% rate beyond year 4. If Sora's weighted average cost of capital is 10%, what is the value of Sora stock based on this information