I need explanation for each answer for the above practices. Thank you.

Vishal Noronha needs to prepare a valuation for Sindhuh Enterprises. Noronha has collected the following information for his analysis. It is now the first day of 2003. EPS for 2002 is $2.60 EPS will increase at the following declining growth rates over the next 5 years (2003- 2007): 30%, 18%, 12%,9%, 7% .Net investment in fixed capital (net of depreciation) per share are as follows: 3.00, 2.50, 2.00, 1.50,1.00 Net investment in WC each year will be 50% of the net investment in fixed capital. 30% of the net investment in fixed capital and working capital will be financed by new debt financing Current market conditions dictate a risk-free rate of 6%, an equity risk premium of 4%, and a beta of 1.10 for Sindhuh 1. The present value of FCFE over the period 2003-2006 is equal to a$4.31 B. $5.30 $5.80 d. $2.80 e. $2.60 2. The terminal value of FCFE for the year 2006 is equal t