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Gonzales Corporation generated free cash flow of $87 million this year. For the next two years, the company's free cash flow is expected to grow

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Gonzales Corporation generated free cash flow of $87 million this year. For the next two years, the company's free cash flow is expected to grow at a rate of 10%. After that time, the company's free cash flow is expected to level off to the industry long-term growth rate of 4% per year. If the weighted average cost of capital is 11% and Gonzales Corporation has cash of $80 million, debt of $275 million, and 100 million shares outstanding, what is Gonzales Corporation's expected current share price? O A. $14.33 OB. $12.46 OC. $11.84 OD. $16.20 Conundrum Mining is expected to generate the above free cash flows over the next four years after which they are expected to grow at a rate of 3% per year. If the weighted average cost of capital is 12% and Conundrum has cash of $85 million, debt of S65 million, and 30 million shares outstanding, what is Conundrum's expected current share price? O A. $14.65 OB. $14.21 O C. $8.88 OD. $11.54

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