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MI Inc. anticipates the following free cash flows over the next 5 years. Year FCF 2022 $1,050,000 2023 1,180,000 2024 1,230,000 2025 1,350,000 2026 1,473,000

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MI Inc. anticipates the following free cash flows over the next 5 years. Year FCF 2022 $1,050,000 2023 1,180,000 2024 1,230,000 2025 1,350,000 2026 1,473,000 After 2026, free cash flow growth will be stable at 8% per year. Currently, MI Inc. has 650,000 shares outstanding, and has no nonoperating assets. MI Inc.'s WACC is 13%, and its total debt is $3 million. (Round your answer to two decimal places) a. What is the horizon value? b. What is the intrinsic value of operations? c. What is the intrinsic value of equity? d. What is the intrinsic value per share price

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