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The following information is taken from x Y Z Corporation company records: Free cash flow of $ 3 million in year 1 . Discount rate

The following information is taken from xYZ Corporation company records:
Free cash flow of $3 million in year 1.
Discount rate (required rate of return) is 7%.
Growth rate is 4%.
Terminal value (TCF) will be three times the discounted value of the cash flow in year 6.
The following information is taken from xYZ Corporation comparative financial statements for the most recent two years:
\table[[\table[[Earnings available to common shareholders],[Number of common shares outstanding]],1231?Y2,1231?Y1
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