Use the flow-to-equity (FCFE) method (10%) Prepare a spreadsheet for the expected free cash flow to equity. It is basically the same 1. as the previous expected free cash flow from this project along with two adjustments: (1) interest expenses and (2) the proceeds from the firm's net borrowing activity. (5 points) Discuss about some advantages and disadvantages of the above three different methods. (5%) 2. 5 Use the flow-to-equity (FCFE) method (10%) Prepare a spreadsheet for the expected free cash flow to equity. It is basically the same 1. as the previous expected free cash flow from this project along with two adjustments: (1) interest expenses and (2) the proceeds from the firm's net borrowing activity. (5 points) Discuss about some advantages and disadvantages of the above three different methods. (5%) 2. 5