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Quantitaive Problem 2: Hadley Ic. forecasts the year-end free cash flows in millions) shown below Year 2 Fcr $22.26 $38.7 543.3 $51.s 356.3 weighted average cost of capital is 9%, and the FCFs are expected to continue growing at a 5% rate after Year 5. The firm has s25 million of market-value debt, but it has no preferred stock or any other outstanding claims. There a million shares outstanding. What is the value of the stock price today (Year O)? Round your answer to the nearest cent. Do not round intermediate calculations. s 59.19 C 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 false