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PLEASE USE BA II PLUS FINANCIAL CALCULATOR TO SOLVE (Quote Calculator Steps). DO NOT GIVE ANSWERS ON EXCEL! An expert has gathered the following data

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PLEASE USE BA II PLUS FINANCIAL CALCULATOR TO SOLVE (Quote Calculator Steps). DO NOT GIVE ANSWERS ON EXCEL!

An expert has gathered the following data about a company: Forecasted EBIT for next year to be $300 million, forecasted depreciation would be $50 million, forecasted capital expenditures to be $100 million. And the forecasted increase in the operating working capital would be $60 million. Tax rate is recorded to be 40%. WACC is 10%, and cost of equity is 13%. The market value of debt and preferred stock are said to be $500 million. And 20 million are the outsstanding shares. The company's free cash flow is anticipated to grow at a constant rate of 6% a year. Calculate the intrinsic value of stock

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