Start with the partial model in the file cho8 P25 Build a Model.xlsx. Selected data for the Derby Corporation are shown here. Use the data to answer the questions. $ INPUTS (In Millions) Year Current Projected 0 1 2 3 4 Free cash flow -$20.0 $20.0 $80.0 $85.6 Marketable securities 40 Notes payable $ 100 Long-term bonds $ 300 Preferred stock $ 50 WACC 11.00% Number of shares of stock 20 The data has been collected in the Microsoft Excel file below. Download the spreadsheet and perform the required analysis to answer the questions below. Do not round Intermediate calculations. a. Calculate the estimated horizon value (i.e., the value of operations at the end of the forecast period immediately after the Year-4 free cash flow). Assume growth becomes constant after Year 3. Enter your answer in millions. For example, an answer of $1.23 million should be entered as 1.23, not 1,230,000. Round your answer to two decimal places. $ million b. Calculate the present value of the horizon value, the present value of the free cash flows, and the estimated Year-O value of operations. Enter your answers in millions. For example, an answer of $1.23 million should be entered as 1.23, pot 1,230,000. Round your answers to two decimal places. Present value of HV Present value of FCF million million * Value of operations million c. Calculate the estimated Year-O price per share of common equity. Round your answer to the nearest cent