Sora Industries has 66 million outstanding shares, $121 million in debt, $58 milion in cash, and the following projected thee cash flow for the next four years: a. Suppose Sora's revenue and free cash flow are expected to grow at a 3.7% rate beyond year four. If Sora's weighted average cost of capital is 12.0%, what is the value of Sora stock based on this information? b. Sora's cost of goods sold was assumed to be 67% of sales. If its cost of goods sold is actually 70\% of sales, how would the estimate of the stock's value change? c. Return to the assumptions of part (a) and suppose Sora can maintain its cost of goods sold at 67% of sales. Howrver, the firm reduces its seling, general, and administrative expenses frocn 20% of sales to 16% of sales. What slock price would you ertimate now? (Assume no other expenses, except taxes, are affected.) d. Sora's net working capital needs were estimated to be 18% of sales (their current level in year zeeo). if Sora can reduce this requirement to 12% of sales starting in year 1 , but all other assumptons are as in (a), what stock price do you estimate for Sora? (Hint. This change will have the largest impact on Sora's free cash flow in year 1 )