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 m 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. Tropetcch Inc. has an expected net operating profit after taxes, EBIT(1 - T), of $800 million In the coming year. In addition, the firm is expected to have net capital expenditures of $120 million, and net operating working capital (NOWC) is expected to increase by $15 million. Mow much free cash flow (FCF) is Tropetech Inc. expected to generate over the next year? $905 million $26, 916 million $695 million $665 million Tropetech lnc.'s FCFs are expected to grow at a constant rate of 2.10% per year in the future. The market value of Tropetech Inc.'s outstanding debt it $7, 125 million, and preferred stocks' value is $3, 958 million. Tropetcch Inc. has 225 million shares of common stock outstanding, and its weighted average cost of capital (WACC) equals 6.30%