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Ryan Enterprises forecasts the free cash flows (in millions) shown below. The weighted average cost of capital is 13.0%, and the FCFFs are expected to

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Ryan Enterprises forecasts the free cash flows (in millions) shown below. The weighted average cost of capital is 13.0%, and the FCFFs are expected to continue growing at a 9.0% rate after Year 3, The firm has bonds valued at $33million and Preferred stock 8. 15milion in its capital. The total number of sh shares outstanding is 500,000 stocks. What is the value of each stock using the Corporate Valuation method? (45 points) Year B15.0-2180. E320 FCFF

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