Five questions using the following data: An analyst following Red Energy has compiled the following information in preparation for additional analysis she has to include in a report she has been asked to produce (data is in hundreds of millions of 5) Security Type Market Value Before Tax Required Return Bands $600 7.596 Preferred stock $200 7.096 Common stock $700 14.0% Bonds are trading at par Preferred share dividends: $14 Net income available to common: $125 Investment in working capital: 530 Investment in fixed capital $100 Net new borrowing: $40 Depreciation $50 Tax rate: 40% Long-term growth rate of FCFR 4% - Long-term growth rate of FCFE49 - WACC 9.279 The total value of Red Energy using a single-stage FCFF modelis dosest to Select one a $1,697 b. 51 482 c. $1.299