E$13-17.$ Estimating Share Value Using the DCF Model Following are forecasts of Home Depot's sales, net operating profit after tax $($NOPAT$),$ and net operating assets $($NOA$)$ as of February $3,2019,$ which the company labels fiscal $2018.$ Answer the following requirements assuming a discount rate $($WACC$)$ of $\backslash (7\mathrm{.}85\backslash \%\backslash ),$ a terminal period growth rate of $\backslash (2\backslash \%\backslash ),$ common shares outstanding of $1,105$ million, and net nonoperating obligations $($NNO$)$ of $\backslash (\backslash$$ $27,424\backslash )$ million. a$.$ Estimate the value of a share of Home Depot's common stock using the discounted cash flow $($DCF$)$ model as of February $3,2019.$ b$.$ Home Depot stock closed at $\backslash (\backslash$$ $190\mathrm{.}06\backslash )$ on March $28,2019,$ the date the Form $10-$K was filed with the SEC. How does your valuation estimate compare with this closing price? What do you believe are some reasons for the difference?