There are many ways to value an asset. Valuation is a science, but it is also an art. Each method may not provide identical answers, and they can sometimes be far off.A DC model that incorporates using multiples and free cash flow is shown on slides $38-42$ for Tesla. Using a similar approach to slides $38-40,$ value a stock with the following information.Assume FCFE per share in time $0=$ $$1\mathrm{.}00$ FCFE per share in time $1=$ $$1\mathrm{.}10$ FCFE per share in time $2=$ $$1\mathrm{.}20$ FCFE per share in time $3=$ $$1\mathrm{.}30.$ FOFE per share in time $4=$ $$1\mathrm{.}40.$ FCFE per share in time $5=$ $$1\mathrm{.}50$ FCFE per share in time $6=$ $$1\mathrm{.}60.$ FCFE per share in time $7=$ $$1\mathrm{.}70$ Assume change in capital $($net fixed assets and net operating working capital$)$ in time $7$ are $$0\mathrm{.}50$ per share. Assume the P$/$E in time $7$ is $16$ Assume the cost of equity $($the discount rate or r$)$ is $10\%.$What is this stock worth?Note: Enter your answer with two decimals and without the $ sign. That is$,$ if your answer is $$50\mathrm{.}514$ then enter $50\mathrm{.}51.$Trick $1$: You must remember that FCFE $=$ net income $-$investment. Investment is also called change in capital. It is change in net fixed assets $+$ change in net operating working capital.