Numbers 11 and 13 only please. Use a dividend of $.60 for year 0

a. Draw a free cash flows diagram STOCKS 85 b. What is FannyMable's of its divide c the market intrinsic value? DDM w/dual value of FannyMable is $25, should it be purchased? Explain. to in growth rates) Tech, Inc, a regional tech three market share. This expansion is expected nology plans to roll out a new product years. Afterwards, its to capture a significant share of the market for the next and is expected cash flows are expected to taper Inc. has just paid cash dividend of expected to to payout by the next three years. Afterwards, its dividends are a. Draw a free 29%, indefinitely. Tech has required return of b, what is cash flows diagram of its dividends. Tech's intrinsic value? c. the market value of Tech is $30, should it be purchased? Explain. 12. (Free Cash Flow Model A firm has forecasted free cash flows as follows: Year Free Cash Flows ($millions) 250 250 The firm has $300 mil in short term investments; $400 million in preferred stock, and $400 million in bonds. There are 10 million shares of common stock outstanding. If the firm has a weighted average cost of capita of 15%, what is the intrinsic value of the common stock? 13. (Free Cash Flow Model) A firm has forecasted free cash flows as follows: Year Free Cash Flows 100 250 250 350 The firm h $500 in short term investments; s100 million in preferred stock, and $300 million in corpor mi bonds. There are 20 million stock outstanding. If the firm has a weighted average cost of cap of 13%, shares of common stock? what is the intrinsic value of the common