I need help with part 3 of this question.

3. Now assume that Smith has EPS of $1.89; 750,000 common shares outstanding; and recently paid a dividend of $0.65 per share. Additionally, the firm generated a net income of $1,417,500 and has common stockholders equity of $6,000,000 (book value). You believe the firm is in a constant rate of growth and your required rate of return for investments of this risk level is 18 percent. The firms common stock is currently trading for $45 per share. Based upon this information, would you be willing to purchase shares of common stock in the firm? Why or why not? Use both the dividend growth valuation model and free cash flow approach to determine your answer. The firms current free cash flow is $109,237. Use the firms weighted cost of capital of 15.83 percent as the appropriate discount rate. There are 50,000 shares of preferred stock outstanding.

EPS	1.89
Common	750000
Net Inc	1417500
SH Equity	6000000
Req Rate Ret.	18.00%
Value	45
Free Cash	109237
WCOC	15.83%
Pref Stock	50000
Dividends	$ 0.65
ROE	23.63%
Retention	65.61%
Growth	15.50%
Value	$ 30.31
IV	120
PV of Free Cash	$ 33,102,121.21
Total Equity
$ 25,586,565.66

PV=109237/(15.83%-15.50%)=$33102121.21

Total Equity=33102121.21-6000000-(5000*30.31)=25586565.66

3. Total equity value = PV of the free cash flow to the firm - market value of the debt - market value of preferred stock

PV of the free cash flow to the firm = free cash flow to the firm next year / (the cost of capital g)