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Reizenstein Technologies (RT) has just developed a solar panel capable of generating 200% more electricity than any solar panel currently on the market. As a

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Reizenstein Technologies (RT) has just developed a solar panel capable of generating 200% more electricity than any solar panel currently on the market. As a result, RT is expected to experience a 15% annual growth rate for the next 5 years. By the end of 5 years, other firms will have developed comparable technology, and RT's growth rate will slow to 8% per year indefinitely. RT has a 10% weighted average cost of capital. The most recent annual free cash flow (FCF) was $3.80 million. a. Calculate RT's expected FCFs fort - 1,1-2, -3, -4, and t - 5. Do not round intermediate calculations. Enter your answer in millions. For example, an answer of $1 million should be entered as 1, not 1,000,000. Round your answers to three decimal places. FCF: - $ million FCF2 - $ million FCF million FCF - $ million FCFS - $ million b. What is the horizon value att - 5 (HV)? Do not round intermediate calculations. Enter your answer in millions. For example, an answer of $1 million should be entered as 1, not 1,000,000. Round your answers to two decimal places. $ million c. What is the present value of the horizon value (HV)? Do not round intermediate calculations. Enter your answer in millions. For example, an answer of $1 million should be entered as 1, not 1,000,000. Round your answers to two decimal places. $ million d. What is the present value of the free cash flows expected at t = 1, t - 2. t = 3, t = 4, and t = 5? Do not round intermediate calculations. Enter your answer in millions. For example, an answer of $1 million should be entered as 1, not 1,000,000. Round your answers to two decimal places $ million

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