Please help me out with these 2 exercises as I have no more questions available to post.

CORPORATE VALUATION Brandtly Industries invests a large sum of money in R&D; as a result, it retains and reinvests all of its earnings. In other words, Brandtly does not pay any dividends, and it has no plans to pay dividends in the near future. A major pension fund is interested in purchasing Brandtly's stock. The pension fund manager has estimated Brandtly's free cash flows for the next 4 years as follows: $3 million, $7 million, $9 million, and $16 million. After the fourth year, free cash flow is projected to grow at a constant 4%. Brandtly's WACC is 11%, the market value of its debt and preferred stock totals $46 million; and it has 25 million shares of common stock outstanding. Write out your answers completely. For example, 13 million should be entered as 13,000,000. a. What is the present value of the free cash flows projected during the next 4 years? Round your answer to the nearest cent. Do not round your intermediate calculations. b. What is the firm's horizon, or continuing, value? Round your answer to the nearest cent. c. What is the firm's total value today? Round your answer to the nearest cent. Do not round your intermediate calculations. d. What is an estimate of Brandtly's price per share? Round your answer to the nearest cent. Do not round your intermediate calculations. NONCONSTANT GROWTH Computech Corporation is expanding rapidly and currently needs to retain all of its earnings; hence, it does not pay dividends. However, investors expect Computech to begin paying dividends, beginning with a dividend of $0.50 coming 3 years from today. The dividend should grow rapidly-at a rate of 31% per year-during Years 4 and 5; but after Year 5, growth should be a constant 8% per year. If the required return on Computech is 17%, what is the value of the stock today? Round your answer to the nearest cent. Do not round your intermediate calculations. $