Free cash flow valuation You are evaluating the potential purchase of a small business with no debt of prelerred slock that is currently generating $41,100 of free cash fow (FCF =$41,100. On the basis of a raview of similar risk iewestment opportunites, you must eam a(n) 18% rate of rearm on the proposed purchase. Because you are relatively uncertain about future cash fown, you dacide to estimate the firm's value using soveral possible assurretions about the growth rate of cash flows. a. What is the firm's value if eash flows are expected to grow at an annual rale of ow from now to infinity? b. What is the firm's value if cash flows are expected to grow at a coestant annual rate of 7% from now to infinity? c. What is the firmis value it cash flows are expected to grow at an annuai rase of 13% for the first 2 years, followed by a corstant annual rate of Txi from yeur 3 to iffirith? a. The firm's value, if cash flows are expected to grow at an annual rate of oss from now to infinity. is (Round to the newest cent). b. The firn's value, if cash flows are expected to grow at a constant annual rate of 7 . from new to infinity, is 3 (Round to the nearest cent). (Roind to ine newste cent.)