MedCorp$$s free cash flow to equity is P$350$ million and the firm's net debt increased by $20$ million. It is reported that the firm's interest expense is P$48$ milion and it is assumed that its tax rate is $20\%.$ The market capitalisation rate is $18\%$

Calculate

the Free Cash Flow to the Firm $($FCFF$)$ and market value of equity if its payout ratio is assumed to be $0\mathrm{.}45$ and the return on equity is $30\%?$ The weighted average cost of capital is estimated to be $18\%.$

$[$Assume the free cash flow to equity grows indefinitely at the projected growth rate.