please answer the following questions: a ,b

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Problem 4 1 2 3 4 5 FCFF growth 29% -6% -34% 14% 100% The current Free Cash Flow (FCFF) to firm for JUFO is EGP 400. Find the fair value of JUFO given the following information: . . In the next 5 years, the FCFF of the company are forecasted to growth at the rates provided in the above table. The company will witness a decline in FCFF in Years 2 and 3 due to heavy investments in fixed assets that they will need to sustain the business in Years 4 and 5. The firm assumes a steady Reinvestment rate of 72% and Return of Capital of 7% starting year 6 and thereafter. JUFO is financed by 17% debt and 83% equity. It pays 11% as interest rate on its debt. The firm has a beta of 0.65, the risk free rate is 8% and market premium 6.5%. The tax rate is 22.5%. At End of 2016 Firm has a debt outstanding balance of EGP 1735mn and cash balance of EGP 476mn. a) If JUFO has 941 million shares outstanding, what would be the fair price per share? b) If the current market stock price is 9 pounds, what is your recommendation