You have the following data for company HOPE.INC: The EBIT is $50 million. The firm's depreciation expense is $10 million. The firm's capital expenditures is $15 million. The company invested $10 million in the net operating working capital. The tax rate of the company is 30% a) What is the FCF of the year? b) The company's WACC is 10%. The company is expected to maintain a reinvestment rate of 20% and has a ROC of 15%. What is the value of operation of the company? c) The company has $3 million in debt and $1 million in preferred stock, what is the value of its stock knowing that the company has 10 million shares outstanding.