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Brandtly Industries invests a large sum of money in R&D; asa result, it retains and reinvests all of its earnings. In otherwords, Brandtly does not pay any dividends, and it has no plans topay dividends in the near future. A major pension fund isinterested in purchasing Brandtly's stock. The pension fund managerhas estimated Brandtly's free cash flows for the next 4 years asfollows: $2 million, $6 million, $11 million, and $16 million.After the fourth year, free cash flow is projected to grow at aconstant 6%. Brandtly's WACC is 11%, the market value of its debtand preferred stock totals $62 million; the firm has $16 million innon-operating assets; and it has 9 million shares of common stockoutstanding.What is the present value of the free cash flows projectedduring the next 4 years? Do not round intermediate calculations.Round your answer to the nearest dollar. Write out your answerscompletely. For example, 13 million should be entered as13,000,000.$ What is the firm's horizon, or continuing, value? Round youranswer to the nearest dollar. Write out your answers completely.For example, 13 million should be entered as 13,000,000.$ What is the market value of the company's operations? Do notround intermediate calculations. Round your answer to the nearestdollar. Write out your answers completely. For example, 13 millionshould be entered as 13,000,000.$ What is the firm's total market value today? Do not roundintermediate calculations. Round your answer to the nearest dollar.Write out your answers completely. For example, 13 million shouldbe entered as 13,000,000.$ What is an estimate of Brandtly's price per share? Do not roundintermediate calculations. Round your answer to the nearestcent.$