How to calculate horizon values, please find details and questions attached.

Question2 Woodpark is a fast-growing supplier of office products. Analysts project the following free cash ft Woodpark's weighted average cost of capital is WACC = 13%. 115 marks) during the next 3 years, after which FCF is expected to grow at a ows constant 7% rate. Year 2 R 30 3 R 40 Free Cash Flow (R millions) R 20 2.1. What is Woodpark's horizon value? (Hint: Find the value of all free cash flows beyond 2.2. What is the current value of operations for Woodpark? Year 3 discounted back to Year 3) Suppose Woodpark has R10 million in marketable securitles, R100 million in debt, and 10 milion shares of stock. What is the intrinsic price per share? 2.3. 15 marks Question 3 On January 1, the total market value of the Tysseland Company was R60 million. During the year, the company plans to raise and invest R30 million in new projects. The company's present market value capltal structure, shown here, is considered to be optimal There is no short-term debl. TURN OVER)