Problem 3 Intro Majong Ine. forecasts that it will have the free cash flows shown below. The free cash flows are expected to grow by 4% per year after year 3 Year 1 2 3 CFA ($ million) -20 48 54 The weighted average cost of capital is 15%. The firm has $60 million of debt and 10 million shares outstanding Part 1 - Attempt 1/10 for 10 pts. What is Majong's terminal value (in $ million)? 0+ decimals Submit - Attempt 1/10 for 10 pts. Part 2 What is the firm value today (in $ million)? 0+ decimals Submit Attempt 1/10 for 10 pts. Part 3 What is a good estimate of Majong's price per share? 1+ decimals Submit