Reizenstein Technologies

$($

RT

$)$

$$has just developed a solar panel capable of generating

$2$

$0$

$0$

$\%$

$$more electricity than any solar panel currently on the market. As a result, RT is expected to experience an

$1$

$8$

$\%$

$$annual growth rate for the next

$5$

$$years$.$ By the end of

$5$

$$years$,$ other firms will have developed comparable technology, and RT

$\text{'}$

s growth rate will slow to

$7$

$\%$

$$per year indefinitely. RT has a

$1$

$6$

$\%$

$$weighted average cost of capital. The most recent annual free cash flow

$($

FCF

$0$

$)$

$$was $

$2$

$.$

$9$

$0$

$$million$.$