Q12. Below you will find the results of running the Excel LINEST function. In this estimation the returns for CLB have been regressed on the market returns. Calculate the t-test for statistical significance for the slope estimate, only. Can the null hypothesis that the slope coefficient equals 1.0 be rejected? Assume the critical value for the t-test is 2.28. SIE LINEST Output m 10.731339 0.042698 se. 0.4146130.074826 R se, 10.280017|0.215666 F df 3.111374) Ssreg SSresid0.1447160.372094 Q13. Xavier Corp. is expected to generate free cash flow from operations of $4 million in the coming year (year 1), and $6 million in the following year (year 2). Free cash flow is expected to grow at a constant rate of 5% after the 2 year. If Xavier's cost of capital is 14%, what is the present value of Xavier's operations? Q14. ZipCo has free cash flow (FCF) for the year just ended of $25 million, which is expected to grow at a 6% constant rate in the future. Marketable securities are $15 million, notes payable are $55 million, long-term debt is $40 million, and the firm has 10 million shares of stock outstanding. If Zip Co's cost of capital is 15%, what is the estimated value of its stock per share