Using the data for TXN on Dropbox, compute the average growth rate of FCF $($whole firm$)$ using Excel's LOGEST or LINEST function based on all years of data. Express your answer in decimal notation $($i$.$e$.,$ use $0\mathrm{.}0123$ for $1\mathrm{.}23\%).$ You will use this growth rate as the super$-$normal growth rate $($gs$)$ in the following problem.

Important notes:

FCF $=$ Cash flow from operations less capital expenditures

E$.$g$.,$ for example, for the $\frac{12}{31}\frac{?}{2014}$ period

FCF$\_2014=3892-385=3507$

$2.$ You must sort FCFs vertically from oldest to newest prior to using the

Texas Instruments Inc. $($NMS: TXN$)$