Instructions Find the shareholder value per share using a discounted cash flow analysis. Calculate the stock's margin of safety. Be sure that the formulas behind all calculations are provided in your model. 5 Note: Use the CAPM to find the cost of equity. 7 Assumptions B NOPAT in current year 0 9 NOPAT growth LO Capital use in current year o 11 Growth in capital use 12 Forecast period in years) 13 NOPAT growth in perpetuity 14 Risk-Free Rate 15 Beta 16 Expected return on the market 17 Credit Spread 18 Market value of equity 19 Market value of debt 20 Marginal Tax Rate 21 Shares outstanding 22 23 1100 10% 100 10% 5 0% 3.5% 1.2 8% 1% 15000 2500 30% 1000 Instructions Find the shareholder value per share using a discounted cash flow analysis. Calculate the stock's margin of safety. Be sure that the formulas behind all calculations are provided in your model. 5 Note: Use the CAPM to find the cost of equity. 7 Assumptions B NOPAT in current year 0 9 NOPAT growth LO Capital use in current year o 11 Growth in capital use 12 Forecast period in years) 13 NOPAT growth in perpetuity 14 Risk-Free Rate 15 Beta 16 Expected return on the market 17 Credit Spread 18 Market value of equity 19 Market value of debt 20 Marginal Tax Rate 21 Shares outstanding 22 23 1100 10% 100 10% 5 0% 3.5% 1.2 8% 1% 15000 2500 30% 1000