Question: Danielle is a financial analyst in Bidget Corp. As part of her analysis of the annual distribution policy and its impact on the firm's value,

Danielle is a financial analyst in Bidget Corp. As part of her analysis of the annual distribution policy and its impact on the firm's value, she makes the following calculations and observations: - The company generated a free cash flow (FCF) of $45 million in its most recent fiscal year. - The firm's cost of capital (WACC) is 14%. The firm has been growing at 8% for the past six years but is expected to grow at a constant rate of 7% in the future. - The firm has 11.25 million shares outstanding. - The company has $120 milion in debt and $75 million in preferred stock. Along with the rest of the finance team, Danielle has been part of board meetings and knows that the company is planning to distribute $105 million, which is invested in short-term investments, to its shareholders by buying back stock from its shareholders. Danielle also observed that, at this point, apart from the $105 million in short-term investments, the firm has no other nonoperating assets. Using results from Danielle's calculations and observations, solve for the values in the following tables. Select the best answer provided in the selection list
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