Johnson's Spaghetti Co just recorded Free Cash Flows in the most recently reported year of $$20$ million. In determining FCFs for the next $2-$years, analysis expect the company's NOPAT so be $$84$ million this upcoming year, while in the second year, NOPAT is projected to be $$95$ million, while the analysis expect the net capital spending for the same two periods are $$24$ million and $$30$ million accordingly. In the third year, FCF$\text{'}$s are expected settle to a constant growth of $6\%.$ required rate of return on the company's stock is $12\%.$ The Company has $$100$ million of bonds payable and $$20$ million of long$-$term notes payable. Is has $50$ million shares of stock outstanding.

Calculate:

$($a$)$ the appropriate FCFs through and including the first steady state FCF$.$

$($b$)$ the horizon value.

$($c$)$ the value of the firm.

$($d$)$ the intrinsic stock price of the firm's equity.