Imagine a company that has never and will never pay any dividend to its common shareholders. Its operations are financed 60% by equity and 40% by debt. The cost of the debt is 5% and the required return on the equity is 9%. The number of outstanding stocks is 1 M and the market value of the Debt is $30 M. The next year (Year 1) total operating cost and the cash used to fund new investments are expected to be respectively $20 M and $17 M. The Free cash flows are expected to grow at a 10% rate during 3 years and 5% thereafter. What are the values of the FCF1, FCF2, FCF3 and FCF4? O FCF =$3 M; FCF2=$3.6 M; FCFz= $3.69 M; FCF = $3.91 M FCF1-$3 M; FCF2=$3.3 M; FCFz= $3.63 M; FCF4- $3.81 M O FCF1=$3.3 M; FCF2= $3.63 M; FCF3- $3.81 M; FCF4- $4 M