Please sovle and explain what formulas where used at each step! Thank you in advance! -E

Stock Example You must estimate the intrinsic value of Noe Technologies' stock. Free cash flow (FCF1) at the end of the first year is expected to be $24.50 million. Free cash flow at the end of the second year is expected to be $35.0 million, and it is expected to grow at a constant rate of 5.5% a year thereafter. The company's WACC is 9.0%, it has $225.0 million of long-term debt plus preferred stock outstanding, and there are 12.0 million shares of common stock outstanding. What is the firm's estimated intrinsic value per share of common stock