Question 18: A firm is expected to make $1 in free cash flow next year, $2 in free cash flow two years from now, and $4 in free cash flow three years from now. Then the firm's free cash flow is expected to grow by 3% per year forever. The discount rate for the firm's equity is 12%. What is a fair stock price for the firm? a $37.92 (b) $32.58 ( $41.53 (d) $44.22 Question 19: You are considering buying 100 Mares of the firm from Question 18 above. You lookup the firm's last price on Yahoo! Finance and see that the firm's last trade was at $33.57. Will you consider buying the firm's stock based on this? (@Yes (6) No