You make the three following estimates to calculate the value of company X in three different ways. The base for the company's FCF (Free Cash Flows) for last period was 100 The discount a. You estimate that the FCF for the next three years are 125, 150, and 115. Thereafter it Beginning in the first period, the company's FCF begin to grow at a 8% growth rate c. An investor does not believe these estimates so they identify a "comp" (comparable) rate is 12% goes into steady state growth at 6% indefinitely. What is its value? 36 indefinitely. What is is value? 37.23 which has a P/E ratio of 18. Its initial cas flow is 100. What its value? b