Pat is preparing a valuation of Intergalactic Services Corp. (ISC) using a multiple-stage FCFE valuation model with the following estimates. The FCFE per share for the current year is $1.25. The FCFE is expected to grow at 12 percent for the next four years, then at 8 percent annually for the following three years, and finally at a constant growth rate of 5 percent starting the eighth year. ISCs estimated beta is 1.15, and Pat believes that the current market conditions dictate a 2.50% risk free rate and a 12% expected market return. The following are five independent questions. Given Pats assumptions and approach, estimate the value of a share of ISC. Please share what formulas are used in excel