**Finance homework question. Cannot copy so screen shot pasted below. Data sheet on screen shot. Thanks!

Nabors industries is considering going public but is unsure of a fair offering price for the company. Before hiring an investment banker to assist in making the public officering, managers at nabob have decide to make their own estimate of the firm's common stock value. the firms CFO has gathered data for performing the valuation using the free cash flow valuation model The firms weighted average cost of capital is 15 % and it has $1,660,000 of debt at market value and $330,000 of preferred stock at its assumed market value. The estimated free cash flows over the next 5 years