It is now December 31, 2022. Consider the following data B C A Market data 1 2 3 E(TM) 4 f 5 Company data 6 Stock price ($) 7 Shares outstanding (M) 8 Share beta 9 Cost of debt 10 Debt (SM, end of 2022) 11 Cash (SM, end of 2022) 12 13 (in $M) 14 Net income 15 Depreciation 16 17 Capital expenditure 18 Net interest paid 19 Tax rate Change in net working capital 0.03 0.06 243.76 50 1.3 0.072 830 25 D 49 2022 2021 2020 2019 840 794 761 783 65 62 59 55 48 E 44 42 138 120 128 76 28 28 26 23 0.28 0.26 0.29 0.31 Part 1 What was the free cash flow to the firm in 2019 (in $M)? 0+ decimals Submit Attempt 1/10 for 10 pts. Part 2 What was the annual growth rate of free cash flows to the firm from 2019 to 2022? 5+ decimals Submit Part 3 What is the cost of equity? 3+ decimals Attempt 1/10 for 10 pts. Submit Attempt 1/10 for 10 pts. Part 4 What was the average tax rate? 3+ decimals Submit 3+ decimals Part 5 What is the weighted average cost of capital, using the average tax rate? Submit Attempt 1/10 for 10 pts. 0+ decimals Attempt 1/10 for 10 pts. Part 6 Attempt 1/10 for 10 pts. If you expect free cash flows to the firm to grow at the same rate as in the past, what is the present value of all free cash flows to the firm after 2022 (in $M)? Submit Part 7 Attempt 1/10 for 10 pts. What is the enterprise value, assuming all cash flows occur in the middle of a year (in $M)? 0+ decimals Submit Part 8 What should be the stock price? 0+ decimals Submit Attempt 1/10 for 10 pts.