Question: please, if you can i need your help with both. Butler Industries does not currently pay any dividends and has no plans to. A major

 please, if you can i need your help with both. Butler
please, if you can i need your help with both.

Butler Industries does not currently pay any dividends and has no plans to. A major hedge fund is interested in buying the company's stock. The hedge fund analysts have estimated the company's free cash flows for the next four years to be $15,000,000 in year 1,$20,000,000 in year 2,$27,000,000 in year 3 , and $32,000,000 in year 4. After the fourth year, the free cash flows are projected to grow at a constant 4%. The company's required retum (WAcC) is 9%, the market value of its debt totals $100,000,000 and it has 6,200,000 shares outstanding. The company has no preferred stock and no non-operating assets. What is the present value of the four cash fiows projected by the hedge fund analyst? $74,113,628$85,160,638$99,048,575 (D) $113,068,895 $163,404,139 Question 14 Green Industries does not currently pay any dividends and has no plans to. Another company is interested in buying the company's stock and has estimated the company's free cash flows for the next four years to be $24,000,000 in year 1,$24,500,000 in year 2,$27,000,000 in year 3 , and $26,000,000 in year 4 . After the fourth year. the free cash flows are projected to grow at a constant 6%. The company's required return (WACC) is 11%, the market value of its debt totals $65,000,000 and it has 4,300,000 shares outstanding. The company has no preferred stock and no non-operating assets. If the present value of the four projected cash flows is $78,375,544, what is the firm's estimated price per share today? Note that you will still need to calculate the total firm value before figuring out how much value belongs to shareholders and what the per share value is $29.33 (B) 560.69 $68.05 (D) $87.55 $92.81

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