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please show work neatly and explain! 10. Assume the following expected free cash flows for Peterson Corporation for 2017: Current Forecast Horizon Terminal 2017 2018

please show work neatly and explain!

10. Assume the following expected free cash flows for Peterson Corporation for 2017: Current Forecast Horizon Terminal 2017 2018 2019 2020 2021 Year Free cash flows to the firm (FCFF) $4,651 54,884 $5,128 $5,384 $5,653 $5,766 The company has net nonoperating obligations (NNO) of $12,000 and 3,000 shares outstanding Calculate the per share stock price using the FCFF information above, a discount rate of 7%, and a terminal growth rate of 2%

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