You are going to value Lauryn's Doll Co. using the FCF model. After consulting various sources, you find that Lauryn's has a reported equity beta of 1.7. a debt-to-equity ratio of 0.6, and a tax rate of 30 percent. Assume a risk-free rate of 3 percent and a market risk premium of 7 percent. Lauryn's Doll Co. had EBIT last year of $58 million, which is net of a depreciation expense of $5,8 million. In addition, Lauryn's made $6.3 million in capital expenditures and increased networking capital by $2.5 million. Assume the FCF is expected to grow at a rate of 3 percent into perpetuity. What is the value of the firm? (Do not round intermediate calculations. Enter your answer in millions rounded to 2 decimal places.) Firm value million U Industries will pay a regular dividend of $0.80 per share for each of the next four years. At the end of the four years, the complety will also pay out a liquidating dividend of $77 per share, and the company will cease operations. If the discount rate is 7 percent, what is the current value of the company's stock? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Price 0.00 You are going to value Lauryn's Doll Co. using the FCF model. After consulting various sources, you find that Lauryn's has a reported equity beta of 1.4, a debt-to-equity ratio of 0.5, and a tax rate of 30 percent. Based on this information, what is the asset beta for Lauryn's? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Lauryn's asset beta 0.00