Take The Top Off The Mountain Mining coal reserves are being depleted and sales are falling. Its costs are rising due to environmental issues. This company's FCF is declining at a constant rate = 5% per year. The current Free Cash Flow (FCF) = $10,000,000 WACC = 13% (please show the formula)

a. What is the estimated value of Take The Top Off The Mountain's operations? FCF Growth = -5%

b. If Take The Top Off The Mountain's FCF constant growth rate was Zero ("0") rather than -5%, then what is their estimated value of operations? FCF Growth = 0%

c. If Take The Top Off The Mountain's FCF constant growth rate was 3% rather than either zero or -5%, then what is their estimated value of operations? FCF Growth = 3%