Homework: Homework 3 Score: 0 of 1 pt 10 of 10 (9 complete) HW Score: 60.93%, 6.09 of 10 P7-17 (similar to) 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 $2,220,000 of debt al market value and $440,000 of preferred stock in terms of market value. The estimated free cash flows over the next 5 years, 2020 through 2024, are given in the table, Beyond 2024 to infinity, the firm expects its free cash flow to grow by 4% annually a. The value of Nabor Industries' entire company is $ (Round to the nearest dollar) Enter your answer in the answer box and then click Check Answer. 2 parts remaining Clear All Check Answer on the icon located on the top-right comer of the data table below in order to s contents into a spreadsheet) IN Year (t) 2020 2021 2022 2023 2024 Free cash flow (FCA) 2 $290,000 $340,000 $370,000 $420,000 $500,000 Print Done Homework: Homework 3 Score: 0 of 1 pt 10 of 10 (9 complete) HW Score: 60.93%, 6.09 of 10 P7-17 (similar to) 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 $2,220,000 of debt al market value and $440,000 of preferred stock in terms of market value. The estimated free cash flows over the next 5 years, 2020 through 2024, are given in the table, Beyond 2024 to infinity, the firm expects its free cash flow to grow by 4% annually a. The value of Nabor Industries' entire company is $ (Round to the nearest dollar) Enter your answer in the answer box and then click Check Answer. 2 parts remaining Clear All Check Answer on the icon located on the top-right comer of the data table below in order to s contents into a spreadsheet) IN Year (t) 2020 2021 2022 2023 2024 Free cash flow (FCA) 2 $290,000 $340,000 $370,000 $420,000 $500,000 Print Done