Free cash flow valuation Nabor Industries Is considering going public but is unsure of a fair offering price for the company. Before hiring an investment banker to assist in making the public offering, managers at Nabor have decided to make their own estimate of the firm's common stock value. The firm's CFO has gathered data for performing the valuation using the free cash flow valuation model. The firm's weighted average cost of capital Is $13\%,$ and it has $$2,170,000$ of debt at market value and $$430,000$ of preterred stock in terms of market value. The estimated tree cash flows over the next $5$ years. $1$ through $5.$ are given in the table. After year $5.$ the firm expects its free cash flow to arow by $5\%$ annually

a$.)$ Estimate the value of Nabor Industries' entire company by using the free cash flow valuation model

b$.)$ Use your finding in part a$,$ along with the data provided above, to find Nabor Industries' common stock value

c$.)$ If the firm nans to issue $200000$ shares of common stock what is its

estimated value per share?Data table

$($Click on the icon here $$ in order to copy the contents of the data table below into a spreadsheet.$)$

$\backslash$table$[[$Year $(t),$Free cash flow $($FCF$)],[1,$$$230,000$