Question 15 Panda Industries Inc. has a WACC of 8.68% and 72,451 common shares outstanding. The firm has $1,710,010 in preferred equity and outstanding debt of $1,248,953. 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 2.4% 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 Year 4 Year 5 10 pts Free Cash Flow $746,983 $1.582,544 $1.838.862 $2,626.208 $2,592.445