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Question 5 (1 point) Fight COVID Medical Company (FCM) has FCFF of $2 million and FCFE of $1.6 million. FCM'S WACC is 10.5%, and its

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Question 5 (1 point) Fight COVID Medical Company (FCM) has FCFF of $2 million and FCFE of $1.6 million. FCM'S WACC is 10.5%, and its required rate of return for equity is 13%. FCFF is expected to grow forever at 8%, and FCFE is expected to grow forever at 7%. FCM has debt outstanding with market value of $10 million. What is FCM's total firm value and equity value of using the firm valuation approach? Firm Value $86.4 million and Equity Value $76.4 million Firm Value $80 million and Equity Value $ 70 million Firm Value $86.4 million and Equity Value $36.4 million Equity Value $86.4 million

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