You are considering acquiring a firm that you believe can generate expected free cash flows of $10,000 a year forever. However, you recognize that those cash flows are uncertain o. Suppose you believe that the beta of the firm is 03. How much is the firm worth of the risk-free rate is 6% and the expected market risk premium is 8%? (Do not round the discount rate in your calculation. Round your answer to the nearest cent) The value of the firm b. By how much will you misvalue the firm if its beta is actually 0.5? (Do not round the discount rate in your calculation. Do nor round intermediate calculations, Round your answer to the nearest cent. Enter your answer os positive value.) by underestimating beta, you would (Click to select the firm by 3 Pringle Inc. has a debt equity ratio of 2.6. Pringle's cost of debt capital is 7% while its cost of equity capital is 8.5%. Pringle's marginal corporate tax rate is 35%. What is Pringle's WACC