You want to estimate todays fair price of La Tienda Inc. (assume today is January 1, 2021). The company will experience a growth period of 4 years (2021 to 2024) as displayed in selected financial information below. After the growth period the company will have a stable growth rate equal to the risk free rate of 2%. Additional assumptions are:

Capex is are 20% of the EBIT.

Tax rate is 30%

WACC is 6%

Short term debt = zero

The number of shares outstanding is 100,000.

Assume Redundant Assets = zero

1) What are the Operative Cash Flows for 2021? select A, B or C

2) What are the Changes in Networking capital for 2022? select E, F, or G

3) What is the Present Value of the Terminal Value (today =January 1 2021)? select H, I, or J

4) What is the fair price of the Stock today? select K, L or M?

Assume today is January 1,2021