The projected free cash flow for the next three years are 14 million, 20 million, and 25 million respectively. After that the companys expected cash flow is expected to grow at a constant 6.5%. The companys WACC is 12.4%

a) What is the companys horizon value?

b) What is the companys market value today assuming that the company has no ono-operating assets?

c) Suppose the company has $83.5 million of debt and 30 million shares of stock outstanding. What is the estimate value of the stock price per share today?