You are to calculate a company's value. The company's most recent FCFF(0) was $500M. The future FCFFs of the firm will grow at 12% per year for the first two years. After year 2, the cash flows (FCFFs) will grow at a 3% rate per year, in perpetuity. The company's WACC is 10%. a. Using the WACC model, calculate the company's value today. b. Suppose that, instead of using the growth perpetuity with 3% growth (as in part a), you decide to use a multiple of Year 2 FFF of 16X. If you used this method, what implicit growth rate in perpetuity would be assumed in your multiple? You are to calculate a company's value. The company's most recent FCFF(0) was $500M. The future FCFFs of the firm will grow at 12% per year for the first two years. After year 2, the cash flows (FCFFs) will grow at a 3% rate per year, in perpetuity. The company's WACC is 10%. a. Using the WACC model, calculate the company's value today. b. Suppose that, instead of using the growth perpetuity with 3% growth (as in part a), you decide to use a multiple of Year 2 FFF of 16X. If you used this method, what implicit growth rate in perpetuity would be assumed in your multiple