Part two stock valuation (8 points) Use your findings in the previous section about the market return, and beta, If the Free cash flow for the manufacturing firm is currently $300 million but is expected to grow by 4% each year forever. the risk free rate is 5%, and after tax cost of debt 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 the firm has 200 million shares outstanding, find per share value of alpha. Part two stock valuation (8 points) Use your findings in the previous section about the market return, and beta, If the Free cash flow for the manufacturing firm is currently $300 million but is expected to grow by 4% each year forever. the risk free rate is 5%, and after tax cost of debt 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 the firm has 200 million shares outstanding, find per share value of alpha