Spirialtex Inc., announced aggressive growth plans over the next three years. Below

are the expected investments in fixed and working capital and corresponding pro forma

income statements for each of the next $3$ years. Based on the information in the picture attached answer the following questions

$5.$ What is the free cash flow to the firm in Year $1?$

$$31\mathrm{.}00$

$$21\mathrm{.}00$

$$26\mathrm{.}00$

$$100\mathrm{.}21$

$$14\mathrm{.}00$

$6.$ Spirialtex has a corporate cost of capital of $11\%$ and is expected to have a long run growth rate of $4\%.$ What is the horizon value of the firm?

$$439\mathrm{.}40$

$$353\mathrm{.}60$

$$309\mathrm{.}40$

$$332\mathrm{.}80$

$$258\mathrm{.}55$

$7.$ Assuming the firm has no short$-$term investments, what is the total value of the firm?

$$418\mathrm{.}00$

$$350\mathrm{.}00$

$$274\mathrm{.}99$

$$310\mathrm{.}80$

$$321\mathrm{.}61$

$8.$ Spirialtex has $6$ million common shares outstanding and $$75$ million in debt. What is the current equity value of the firm$$s stock price?

$$41\mathrm{.}10$

$$48\mathrm{.}39$

$$39\mathrm{.}30$

$$85\mathrm{.}50$

$$28\mathrm{.}96$