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You are bullding a free cash flow to the firm model. You expect sales to grow from $1.6 billion for the year that just ended

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You are bullding a free cash flow to the firm model. You expect sales to grow from $1.6 billion for the year that just ended to $1.92 billion five years from now. Assume that the company will not become any more or less efficient in the future. Assume that the company will grow at a constant rate for 5 years, and then at a constant rate of 3.213729% for year 6 and onward after that. Use the following information to caiculate the value of the equity on a per-share basis. a. Assume that the company currently has $576 million of net PPSE. b. The company currentiy has $192 million of net working capital. c. The company has operating margins of 10 percent and has an effective tax rate of 28 percent. d. The company has a weighted average cost of capital of 8 percent. This is based on a capital structure of two-thirds equity and one-third debt. e. The'firm has 3 mition shares outstanding. Do not round intermediate calculations. Round your answer to the nearest cent

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