Problem 1) (16 points) Current FCF of UNR corp. is $540M and the WACC is 12% a. Assuming the FCF should grow rapidly at a rate of 10% per year during years 1.2.3 and 4; but after year 4, growth should be a constant 6% per year, estimate the horizon value of the firm in year 6 le... HV) b. What is the total firm value at time zero if growth from year 4 remains constant? (Assume UNR corp, has $1500M marketable securities, and $700M debt.) HTML Editor