please hand write the answer! thank you! the beta is1, treasure bond is 3% and the return market is 13%.

*2. Fioretti has EAT, depreciation expense, capital expenses and debt principal payments of $4m, $.4m, $.9m, and $.Sm respectively. Between the first and the second years, it has current assets of $13m and $14m and current debts of $5m and $6m respectively. Its unlevered bheta, D/E and I are 1, 60/40 and 4 respectively. Fioretti's's ROE is 13%, and it plows about 35% of its profits back into its business Derive the value of Fioretti by using the free cash flow to equity definition