Question 25 Free Cash Flow Year 1 $1,037,019 Year 2 $1,084,750 Year 3 $1,518,825 Year 4 $1,815,328 Year 5 $3,254,172 macOS Monterey on t Panda Industries Inc. has a WACC of 6.85% and 66,938 common shares outstanding. The firm has outstanding debt with a market value of $4,091,976 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 3.4% rate after Year 5. Rounding to the nearest penny, what is the value of each share of common stock? Period 5 pts