Quantitative Problem 2: Hadley Inc. forecasts the year-end free cash flows (in millions) shown below. The weighted average cost of capital is 10%, and the FCFs are expected to continue growing at a 3% rate after Year 5 . The Round your answer to the nearest cent. Do not round intermediate calons. \$ 3 per share plans to hold the stock. The statement above is Conclusions corporate model when valuing divisions and firms that do not pay dividends. In principle, we should find the same intrinsic value using either model, but differences are often observed. projecting future financial statements can reveal a great deal about a company's operations and financing needs. Also, such an ando actions that might be taken to increase the company's value; and for this reason, it is integral to the planning and forecasting process