Question: Could you help me to solve this problem, thank you so much! Compute the 2018 intrinsic value of common stock for Tire City using the
Could you help me to solve this problem, thank you so much!

Compute the 2018 intrinsic value of common stock for Tire City using the following assumptions: 1. Assume that Tire City expects FCF to grow at a constant rate of 6% from now into the indefinite future. 2. Tire City's WACC-996, tax rate-40% and they have 2,000 shares of common stock outstanding.
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