Please show your work clearly. You have option to type this question in word document or handwrite and send your response as an attachment. (24 marks) a. You are going to value Tyler's Truck Co. using the FCF model. After consulting various sources, you find that Tyler has a reported equity beta of 1.4, a debt-to-equity ratio of 0.3, and a tax rate of 30 percent. Based on this information, what is Tyler's asset beta? (6 marks) b. Using your answer to the previous question, calculate the appropriate discount rate assuming a risk-free rate of 4 percent and a market risk premium of 7 percent. (6 marks) c. Tyler's had net income last year of $30 million. Included in net income was a depreciation expense of $4 million. In addition, Tyler made $5 million in capital expenditures. What is Tyler's FCF for the year? (6 marks) d. Using your answers from Questions (a) through (c), value Tyler's assuming her FCF is expected to grow at a rate of 2 percent into perpetuity. Is this value the value of the equity? (6 marks) download reference file upload a response file (15MB max) Choose File no file selected Q53.docx save