You must answer both parts of this question (a and b). Label your answers with the appropriate letters in the answer area. a. Delta Company's free cash flow to firm (FCFF) is estimated at AED 35 million in the coming year. The free cash flow to firm (FCFF) is projected to grow at 5% indefinitely. The appropriate market capitalization rate for the free cash flow is 9% per year, and Delta Company currently has debt of AED14 million outstanding Compute Delta's equity value using the free cash flow approach. b. Omega's free cash flow to firm (FCFF) is estimated at AED175 million in the coming year and the firm's interest expense is estimated at AED7 million. Assume the tax rate (T) is 35% and the net debt of the firm will increase by AED28 million. What is the equity value if the free cash flow to equity (FCFE) is projected to grow at 4% indefinitely and the cost of equity is 11%