Your company would liketo acquire Pharma Company. As the head of the acquisition team, please calculate the followings for Pharmaby using the information below.Following free cash flows(FCF)are forecasted for the next 4yearsofthe Pharma Company. FCF is expected to grow at a constant x% rate after 4yearsandWACC of the Pharmais 1x%.1. year-$20million2. year $30million3. year -$50million4. year$7xmilliona. What is Pharmas horizon (terminal)value? b. Calculate the firm value of the Pharma Company today.c. If Pharmahas $x0 million of debt and xmillionshares outstanding. What is your estimate of current price per share? X : 4