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Intro In the most recent year (2020), UPipe had an EBIT of $290 million. Depreciation was $58 million, increase in working capital was $29 million

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Intro In the most recent year (2020), UPipe had an EBIT of $290 million. Depreciation was $58 million, increase in working capital was $29 million and investment in fixed assets was $72.5 million. Over the next 4 years, EBIT is expected to grow by 20% per year, depreciation by 15% per year, capital expenditure by 25% per year and change in working capital by 15% per year. The annual free cash flow is expected to grow by 5% per year after 2024. The weighted average cost of capital is 9% and the average tax rate is 34%. The firm has $550 million of debt with an average interest rate of 8% and 10 million shares outstanding. IB Attempt 1/3 for 10 pts. Part 1 What was the free cash flow in 2020 (in $ million)? 0+ decimals Submit | Attempt 1/3 for 10 pts. Part 2 What is the expected free cash flow in 2024 (in $ million)? 0+ decimals Submit Attempt 1/3 for 10 pts. Part 3 What is the horizon value in 2024 (in $ million)? 0+ decimals Attempt 1/3 for 10 pts. Part 4 What is the firm value today, at the beginning of 2021 (in $ million)? 0+ decimals Submit Attempt 1/3 for 10 pts. Part 5 What is the stock price today? 0+ decimals Submit

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