Please answer part a, b, c, and d. Thank you!

Sara industrles has 64 milion outstanding shares, $121 million in debt, $53 milion in cash, and the following projected tree cash flow for the rext four years: a. Suppose Sora's reverwe and free cash flow are expected to grow at a 4.7% rate teyond year four. If Sori's weighted average cost of capital is 10.0%, what is the walue of Scea sock based on this information? b. Sora's cost of goods sold was assumed to be 67% of sales. If its cost of goods sold is actualy 70\% of sales, how would the estimate of the stock's value change? c. Rotum to the assumptions of part (a) and supposo Sora can maintain its cost of goods sold at 67% of sales. Howovor, the fem reduces its selling, generat, and edministratve expenses from 20% of sales to 16% of sales. What stock price would you estimate now? (Assume no other expenses, except taxes, are affected.) d. Soras net working capital needs were estimated to be 18% of sales (their current level in year zero). If Sorn can feduce this roquirement to 12% of sales starting in year 1 , but al other athumptions are as in (a), what stock proce do you estimate for Sora? (Mint. This change will have the largest impact on Sora's free cash fow in year 1. ) a. Suppoee Sora's rewerue and tree cash flow are expected to grow at a 4.7% rate beyond year four. If Sora's woighted average cout of capital in 10.0%, what is the value of tiona mock based on this information? The stock proce foc this case is : (Round to the nearest cent) (Click on the following icon b in order to copy its contents into a spreadsheet.)