You estimated the present value of CAKE to be $85 per share. CAKE is currently trading at $80 per share. Currently CAKE is undervalued. True False Question 5 (6.1 points) Dividends are the best way to value a firm because all firms pay dividends. True False Question 6 (6.1 points) Free cash flow is a reliable way to calculate firm value because every firm has free cash flow, even if it is a negative free cash flow. True False Question 7 (6.1 points) Holding everything else constant, a larger required return leads to a smaller present value or stock price. True False You estimated the present value of DIS' stock to be $118 per share. DIS is currently trading at $150 per share. Currently DIS is overvalued. True False Question 9 (6.1 points) Holding everything else constant, a larger required return leads to a larger present value or stock price. True False Question 10 (6.1 points) You estimated the present value of CAKE to be $85 per share. CAKE is currently trading at $92 per share. Currently CAKE is overvalued. True False Question 11 (6.1 points) You estimated the present value of DIS' stock to be $118 per share. DIS is currently trading at $60 per share. Currently DIS is undervalued. True