Following are forecasts of Home Depot's sales, net operating profit after tax (NOPAT), and net operating assets (NOA) as of February 3, 2019, which the company labels fiscal 2018. $ millions Sales NOPAT NOA Required Forecast Horizon Period Terminal Period Reported 2018 2019 2020 2021 2022 $125,515 $134,301 $143,703 $153,761 $164,525 $167,816 14,005 15,042 16,095 17,221 18,427 18,795 31,705 33,924 36,299 38,840 29,633 39,616 Answer the following requirements assuming a discount rate (WACC) of 7.85%, a terminal period growth rate of 2%, common shares outstanding of 1,105 million, net nonoperating obligations (NNO) of $31,812 million. a. Estimate the value of a share of Home Depot's common stock using the discounted cash flow (DCF) model as of February 3, 2019. Note: Do not round until your final answer; round your final answer to two decimal places. Stock price per share: $ b. Home Depot stock closed at $220.47 on March 28, 2019, the date the Form 10-K was filed with the SEC. How does your valuation estimate compare with this closing price?

Following are forecasts of Home Depot's 5ales, net operating profit after tax (NOPAT), and net operating assets (NOA) as of Febrisary 3, 2019, which the Answer the following requirements assuming a discount rate (WACC) of 7.85%, a terminal period growth rate of 2%, common shares outstanding of 1,105 million, net nonoperating obligations (NNO) of $31,812 milfion. Required a. Estumate the value of a share of Home Depot's common stock using the discounted cash flow (DCF) model as of February 3,2019. Note: Do not round until your final answer, round your final answer to two decimal places. Stock price per share: 3 b. Home Depot stock closed at $220.47 on March 28, 2019, the date the Form 10-K was filed with the SEC. How,does your valuation estimate compare wit this closing price