Mogoin Gol is a Mongolian coal mining company. The expected free cash during the next three years is listed below, after which the free cash flow is expected to grow at a constant 7% rate. Its WACC is 11%.

Yr. Cash Flow

1. -2
2. 3
3. 5

1. What is its horizon value (or continuing valuewhen the cash flows begin to grow at a constant rate)
2. What is the firms value today?

Suppose Mogoin Gol has $10 of debt and 4 stocks outstanding, what is the current price per share?

	a.	1337.5, 1020.89, & 6.95 respectively (in dollars)
	b.	133.75, 102.09, & 24.07 respectively (in dollars)
	c.	133.75, 107, & 24 respectively (in dollars)
	d.	133.75, 102.09, & 23.02 respectively (in dollars)