QUESTION 6 Tu pom Flagstaff Enterprises expected to have free cash flow in the coming year of $8 million, and this free cash flow is expected to grow at a rate of 3% per year thereafter. Flagstaff has an equity cost of capital of 13%, a debt cost of capital of 7%, and it is in the 35% corporate tax bracket. If Flagstaff currently maintains a 8 debt to equity ratio, then calculate the value of Flagstaff's interest tax shield $19.02 million $19.59 million $5.36 million $93.07 million