The corporate valuation model, the price-to-earnings (P/E) multiple approach, and the economic value-added (EVA) approach are some examples of valuation techniques. The corporate valuation model is similar to the dividend-based valuation that you've done in previous problems, but it focuses on a firm's free cash flows (FCFS) instead of its dividends. Some firms don't pay dividends, or their dividends are difficult to forecast. For that reason, some analysts use the corporate valuation model. Dernham Inc. has an expected net operating profit after taxes, EBIT(1 - T), of $11,400 million in the coming year. In addition, the firm is expected to have net capital expenditures of $1,710 million, and net operating working capital (NOWC) is expected to increase by $30 million. How much free cash flow (FCF) is Dernham Inc. expected to generate over the next year? O $9,660 million O $333,780 million $13,080 million 0 $9,720 million Dernham Inc.'s FCFs are expected to grow at a constant rate of 2.46% per year in the future. The market value of Dernham Inc.'s outstanding debt is $88,354 million, and its preferred stocks' value is $49,085 million. Dernham Inc. has 450 million shares of common stock outstanding, and its weighted average cost of capital (WACC) equals 7.38%. Term Value (Millions) Total firm value Value of common equity Intrinsic value per share Using the preceding information and the FCF you calculated in the previous question, calculate the appropriate values in this table. Assume the firm has no nonoperating assets