Question 15 10 pts Panda Industries Inc. has a WACC of 11.72% and 56,713 common shares outstanding. The firm has outstanding debt with a market value of $1,815,546 and does not have any preferred equity, Use the DCF valuation model based on the expected FCFs shown below:year 1 represents one year from today and so on. The company expects to grow at a 3.5% rate after Year 5. Rounding to the nearest penny, what is the value of each share of common stock? Period Year 1 Year 2 Year 3 Free Cash Flow $1,011,445 $1,044,560 $2,174,688 $2,558,902 $3,476,589 Year 4 Year 5