Part two stock valuation (8 points) Free cash flow to firm for Alpha is currently $300 million but is expected to grow by 4% each year forever. If the risk free is 5% and the market return is 8.34% beta is 1.5. Cost of debt after tax is 10% ,if the capital structure is 70% equity and 30% debt. what is the WACC?. How much is it worth? If market value of debt is $3,000 million and FC has 200 million shares outstanding, find per share value of FC