question 47 please

QUESTION 46 Comfort Ice Cream has plans to pay decreasing annual dividends of $1.95, 51.50, and $1.35 over the next three years, respectively. After that, the firm will increase the dividend by 3 percent each year. What is the value of this stock today at a discount rate of 9 percent? Attach File Browse My Computer Browse Dropbox QUESTION 47 Standard, Inc. reported EBIT of $57.00 million for last year. Depreciation expense totaled $20 million and capital expenditures came to $7 million. The company increased networking capital by $2 million. Free cash flow is expected to grow at a rate of 5.10% for the foreseeable future. Standard faces a 40% tax rate and has a 0.40 debt to equity ratio with $200 million ( market value) in debt outstanding. Standard's equity beta is 1.24, the risk-free rate is currently 5% and the market risk premium is estimated to be 6% What is the current total value of Standard, Inc. (in millions)? What is the current value (in millions) of Standard's equity? Attach File Browse My Computer Browse Dropbox Click Save and submit to save and subunit. Click Save All Answers to save all answers. DELL F2