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Please use the following information for the next four questions. At the beginning of 2020, an analyst made the following forecast for Cordant Technologies (in

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Please use the following information for the next four questions. At the beginning of 2020, an analyst made the following forecast for Cordant Technologies (in millions of dollars): 2020 2021 2022 Cash flow from operations Cash investment $5,450 S1620 6,576 1825 6,608 1.956 Cordant Technologies reported net debt of $7,500 million at the end of 2019. The required return for Cordant Technologies is 15%. Question 7 (9.09 points) Calculate the enterprise value for Cordant Technologies at the beginning of 2020 assuming free cash flow will remain at 2022 levels after 2022. $27,314.64 million $31,013.33 million $30,373.41 million $22,873.41million Question 8 (9.09 points) Calculate the equity value for Cordant Technologies at the beginning of 2020 assuming free cash flow will grow at 5% per year after 2022. $34,598.68 million $42,098.68 million $33,069.29 million $39.039.91million Question 9 (9.09 points) Continued from the above question, Cordant Technologies had 585 million shares outstanding at the end of 2019: calculate value per share. $56.53 $59.14 $66.73 $71.96 Question 10 (9.09 points) Continued from the above question. Cordant Technologies shares traded at $50 per share: calculate P/B. 1.33 1.44 01.18 1.13

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