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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 19% 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 siow to 7% per year indefinitely. RT has a 13% weighted average cost of capital. The most recent annual free cash flow (FCFo) was $3.25 mililion. a. Calculate RT's expected FCFs for 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 $1 million should be entered as 1 , not 1,000,000. Round your answers to three docimal places. FCF1=$FCF2=$FCF3=$FCF4=$FCF5=$milionmillionmiltionmillionmillion b. What is the horizon value at t=5(HV5) ? 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

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