URGENT!!! Huskies corporation has only debt and common stock in its capital. Their outstanding debt is $20 million with a 7% annual yield to maturity. Current market price of the stock is $16 and there are 5 million shares outstanding. Current cost of equity of Huskies is 9% and the tax rate is 20%. Company is expected to generate $2 million cash flow next year which is expected to grow by 20% every year through year 1 to year 5. After year 5, cash flows are expected to grow by 4% forever.

1. Calculate companys WACC

2. Use WACC as the discount rate and calculate the present value of the firm

PLEASE PROVIDE EXCEL STEP BY STEP SOLUTION!!!