Q2. The following free cash flows are given below. After the 4th year FCF is expected to grow at a constant 8.5% rate. WACC is 15%. It has $10 million in short term investments, $110 million debt, and 10 million shares of stock. What is the intrinsic price per share (Po)? Year 1 2 3 4 Free cash flow ($ millions) $25 $35 $40 $50