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Year1234 Free Cash Flow$12 million $18 million $22 million $26 million Conurdrum Mining is expected to generate the above free cash flows over the next

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Year1234 Free Cash Flow$12 million $18 million $22 million $26 million Conurdrum Mining is expected to generate the above free cash flows over the next four years, after which they are expected to grow at a rate of 5% per year. If the weighted average cost of capital in 12% and Conundrum has cash of $85 million, debt of $65 million, and 30 million shares outstanding, what is Conundrum's expected current share price? O A $17.88 OB. $10.84 . $17.34 OD. $14.00 Outstanding debt of Home Depot trades with a yield to maturity of 9%. The tax rate of Home Depot is 25%. What is the effective cost of debt of Home Depot? A. 7.76% B. 9% OC. 6.75% OD. 7.09%

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