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Panda Industries Inc. has $1,184,545 in preferred equity and its outstanding debt has a value of $2,958,067. The firm's WACC is 7.69%. Use the DCF

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Panda Industries Inc. has $1,184,545 in preferred equity and its outstanding debt has a value of $2,958,067. The firm's WACC is 7.69%. Use the DCF valuation model with the expected FCFs shown below; year 1 represents one year from today and so on. The company expects to grow at a 3.4% rate after Year 5 . Rounding to the nearest penny, what is the value of common equity

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