turple Panda Pharmaceuticals Inc. is expected to generate a free cash flow (FCF) of $130,000 this year, and the FCF is expected to grow at a rate of 12% over the following two years ( FCF2 and FCF3 ). After the third year, however, the company's FCFs are expected to grow at a constant rate of 5% ger year, which will last forever (FCF 4, ). If Purple Panda's weighted average cost of capital (WACC) is 10\%, complete the following table and compute the current value of Purple Panda's operations. Round all dollar amounts to the nearest whole dollar, and assume that the firm does not haveany nonoperating assets in its balance sheet and that all FCFs occur at the end of each year. Purple Panda's debt has a market value of $2,200,443, and Purple Panda has no preferred stock in its capital structure. If Purple Panda has 400,000 shares of common stock outstanding, then the total value of the compary's common equity is , and the estimated intrinsic value per share of its common stock is per share (rounded to the nearest dollar). Assume the following: - The end of Year 3 differentiates Purple Panda's short-term and long-term FCFs. - Professionally-conducted studies have shown that more than 80% of the average compamy's share price is attributable to long-termrather than short-term-cash flows. Is the percentage of Purple Panda's expected long-term cash flows consistent with the value cited in the professional studies? Yes, because 77.17% of the firm's share price is derived from its expected long-term free cash flows. No, because the percentage of Purple Panda's expected long-term cash flows is actually 12.31%. No, because only 43.09% of the firm's share price is derived from its expected long-term free cash fiows. Yes, because 87.69% of the firm's share price is derived from its expected iong-term free cash flows