Question 32 (2 points) Elsa Incorporated has a current stock price of $126.07 and is expected to pay a dividend of $5.00 in one year. If Elsa's equity cost of capital is 9.3%, what is the expected stock price immediately after Elsa Incorporated pays the dividend? Your Answer: Answer units Question 33 (2 points) Enzio Electronic generated free cash flow of $88 million this year (year 0). For the next two years, the company's free cash flow is expected to grow at a rate of 7.0%. After that time, the company's free cash flow is expected to level off to the industry long-term growth rate of 3.0% per year. Suppose the weighted average cost of capital is 10.0% and Enzio Electronic has cash of $90 million, debt of $290 million, and 90 million shares outstanding. What is Enzio Electronic's expected free cash flow in year 2? Your Answer: Answer units