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Q3. Skeptical about the future dividends of First Solar, you decide to value the firm using the Corporat. Valuation Model. The firm does not currently

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Q3. Skeptical about the future dividends of First Solar, you decide to value the firm using the Corporat. Valuation Model. The firm does not currently have any non-operating asset (all its excess cash is spent on the new plant). (15pts) A. If the forecasted free cash flows for the firms are in the table below and its WACC is 10%/year, what is the intrinsic value of the whole company? B. First Solar's market value of debt is $175m, and it has no preferred equity. If the number of common shares outstanding is 107m, what is the intrinsic value per common share of First Solar

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