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izenstein Technologies (RT) has just developed a solar panel capable of generating 200% more electricity than any solar panel currently on the market. As a

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izenstein Technologies (RT) has just developed a solar panel capable of generating 200% more electricity than any solar panel currently on the market. As a result, RT uxpected to experience a 14% annual growth rate for the next 5 years. By the end of 5 years, other firms will have developed comparable technology, and RT's growth will slow to 5% per year indefinitely. RT has an 11% weighted average cost of capital. The most recent annual free cash flow (FCFo) was $2.10 million. a. Calculate RTs expected FCF for t=1,t=2,t=3,t=4, and t=5. Do not round intermediate calculations. Enter your answer in millions. For example, an answer of $1 million should be entered as 1 , not 1,000,000. Round your answers to three decimal ploces. FCF1=5FCF2=5FCF3=$FF4=$FCF5=5millionmillionmillionmillionmillion b. What is the horizon value at t=5 (HVs)? Do not round intermediate calculations. Enter your answer in millions. For example, an answer of $1 million should be entered as 1, not 1,000,000. Round your answers to two decimal places. c. What is the present value of the horizon value (HVs) ? Do not round intermediate calculations. Enter your answer in millions, For example, an answer of $1 million should be entered as 1 , not 1,000,000. Round your answers to two decimal places. d. What is the present value of the free cash flows expected at t=1,t=2,t=3,t=4, and t=57 Do not round intermediate calculations. Enter your answer in millions. For example, an answer of $1 million should be entered as 1 , not 1,000,000, Round your answers to two decimal places. e. What is the value of operations at t=0 Do not round intermediate calculations. Enter your answer in millions, For example, an answer of $1 million should be entered as 1 , not 1,000,000, Round your answers to two decimal places

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