Intro In the most recent year (2019), MyBend had an EBIT of $650 million. Depreciation was $130 million, increase in net operating working capital was $65 million and capital expenditure was $162.5 million. Over the next 4 years, EBIT is expected to grow by 25% per year, depreciation by 20% per year, capital expenditure by 30% per year and change in net operating working capital by 10% per year. The free cash flows are expected to grow by 4% per year after 2023. The weighted average cost of capital is 9% and the average tax rate is 32%. The firm has $950 million of debt and 43 million shares outstanding. IB - Attempt 2/10 for 9.8 pts. Part 1 What is the expected free cash flow in 2023 (in $ million)? 922.28 Try again Try again See solution (-0.2 pts.) 1 Attempt 1/10 for 10 pts. Part 2 What is the stock price now? 0+ decimals Submit