please answer the second question

Quantitative Problem 1: Assume today is December 31, 2019. Barrington Industries expects that its 2020 after-tax 990 erating income [E8rf (2 - T)] will the change in its net operating working capital for 2020 will be $30 million. The firm's free cash fow is expected to 9 row at a constant rate of 5.5% annually. Assume that its free cash fiow occurs at the end of each year. The firm's weighted average cost of capital is 8.6%; the market value of the company's debt is $2,1 billion; and the company has 170 million shares of common stock outstanding. The firm has no preferred stock on its balance shect ind hos no pians to use it for future capital budgeting projects. Also, the firm has zero non-operating assets, Using the corporate valuation modek, what should be the company's stock pelce today (December 31, 2019)? Do not round intermediate calculations. Round your answer to the neareat cent. 5 pershare Quantitative Problem 2: Hadley Inc forecasts the year-end free cash fiows (in millions) shown below. The weighted average cost of capital is 10%, and the FCFs are expected to continue growing at a 4% rate after Year 5 . The firm has 524 milfion of market-value debt, but it has no preferred stock or any other outstanding claims. There are 18 milibion shares outstanding. Also, the flrm has zero noroperating assets. What is the value of the stock price today (Year o)? Round your answer to the nearest cent. Do not round intermedlate calculations. 5 pershare Acording to the valuation modeis developed in this chapter, the value that an investor assigns to a share of stock is dependent on the leagth of time the investor plans to hold the stock. The statementiabove is conclusions Analysts use both the discounted dividend model and the comporate valuation model when valung matures dividendtpaying himst and they geperaly use