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Majong Inc. forecasts that it will have the free cash flows shown below. The free cash flows are expected to grow by 5 % per

Majong Inc. forecasts that it will have the free cash flows shown below. The free cash flows are expected to grow by 5% per year after year 3.
Year 123
CF ($ million)-204854
The weighted average cost of capital is 13%. The firm has $55 million of debt and 10 million shares outstanding.
What is the firm value today (in $ million)?
What is a good estimate of Majong's value per share?

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