nearest cent. $ per share Quantitative Problem 2: Hadley Inc, forecasts the year-end free cash flows (in millions) shown below. \begin{tabular}{lccccc} Year & 1 & 2 & 3 & 4 & 5 \\ \hline FCF & $22.37 & $38.8 & $43 & $52.1 & $55.3 \\ The weighted average cost of capital is 9%, and the FCFs are \end{tabular} today (Year 0) ? Round your answer to the nearest cent. Do not round intermediate calculations. per share According to the valuation models developed in this chapter, the value that an investor assigns to a share of stock is dependent on the length of time the investor plans to hold the stock. The statement above is - Select- V