A B C D E F G H I J K L Ackert Company's last dividend was $1.5. The dividend growth rate is expected to be constant at 15% for the first 2 years, after which dividends are expected to grow at a rate of 8.0% forever. The firm's required return (rs) is 12.0%. Part A (5 pts) What is the best estimate of the current stock price? |g1= 15.00% g2= 8% DO= $ 1.50 12% Rs= =D9 Part B (10 pts) You have been assigned the task of using the corporate, or free cash flow, model to estimate Petry Corporation's intrinsic value. The firm's WACC is 10.00%, its end-of-year free cash flow (FCF1) is expected to be $75.0 million, the FCFs are expected to grow at a constant rate of 5.50% a year in the future, the company has $200 million of long-term debt and preferred stock, and it has 30 million shares of common stock outstanding. What is the firm's estimated intrinsic value per share of common stock? WACC= 10.0% 75.00 FCF1 (in millions)= $ Book value (in millions) of bonds and preferred stocks = $ # of shares (millions)= FCF growth rate= 200.00 30 5.50%