(Total: 20 marks) QUESTION THREE . The following is GAAP financial statement information extracted from a Zambian firm listed on the Lusaka Stock Exchange Operating cash flow = 330 Interest paid = 40 Tax rate = 20% Non-cash charges (depreciation and amortization) = 25 Fixed capital expenditures = 120 Working capital expenditures = 44 Shareholder dividends paid = 50 New borrowing during the year = 70 Debt repayment during the year = 60 . . a) What is the free cash flow to the firm? b) What is the free cash flow to equity? (5Marks) (5Marks) 10 Page c) Given a discount rate of 12% compute the firms intrinsic value (10 Marks) (Total: 20 marks)