The following information is given about a corporation. All figures are in million dollars. Sales = 900 Long term debt = 500. The current yield to maturity is 8.8 percent. The coupon rate is zero. The maturity is 10 years. Find Capital expenditures and the change in working capital. The equity Beta of this company is =1.4 ROE = 15 %, Tax rate = 30% Growth rate of the free cash flow = 120 %, 50 %, and 5% thereafter. Risk-free rate = 4% Market risk premium = 8 % 2009 2010 2009 2010 Current Assets 200 300 Current liabilities 100 150 Net Fixed Assets 500 600 Long-term Debt Equity SE and liabilities 500 100 700 500 250 900 Total Assets 700 900 2009 Sales 800 COGS 500 Depreciation | 100 Tax rate 30% 2010 900 500 100 Using the information in the tables, calculate the free cash flow and weighted average cost of capital (WACC) to find the value of this corporation at the end of year 2010. Assume that debt ratio, yield to maturity, risk-free rate, market risk premium, beta and other relevant ratios will stay the same for the foreseeable future