The following financial data are given from ALBA Bahrain Corporation for the year ended 2019. ALBA Bahrain Corporation 2019 Current Free Cash Flows BD 8,000,000 Target Debt to Capital 30% Market Value to Debt BD 40,000,000 Share Outstanding 3,200,000 Share Required Retum on Equity 12.5% Cost of Debt 7.5% Long-term Growth in FCFF 5.5% Tax Rate 35% Required: (15 marks) 1. As a financial analyst for ALBA Corporation, evaluate the Corporation FCFF the single-stage FCFF Model 2. Assume that the management decided to increase the target debt of Capital to be 45% instead of I 30%, analysis the effect on the equity value per share. 3. Discuss the results from questions 1 and 2