Multi Part Question, please help with parts A, B and C. Thank you!

1. What is the firms free cash flow at the end of year 1?

1. $128.96
2. $34.77
3. $0
4. $67.5
5. $81

2. What is the firms horizon value at the end of year 4?

1. 13,011
2. 9,035
3. 12,198
4. 8,267

3. What is the firms current equity value of price per share?

a. 46.91

b. 85.65

c.150.26

d. 56.7

Investment place incorporated has current sales of $8,000 in millions, an operating ratio of 5% a capital requirement ratio of 30% a tax rate of 40% and a corporate cost of capital of 10%. Under new management sales are expected to grow 20% in year 1, 15% in year 2,8% in year 3, 4% in year 4 and then grow at a constant rate of 4% after year 4. In addition the firm has the following balance sheet items: (000,000) Short term investments = $50 Short term debt notes payable = $200 Long term debt bonds = $500 Preferred stock = $0 Number of shares of common stock = 100||