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Please answer the whole questions, not just 11.Tropetech Inc. has an expected net operating profit aftertaxes, EBIT(1 – T), of $1,200 million in the coming year. Inaddition, the firm is expected to have net capital expenditures of$180 million, and net operating working capital (NOWC) is expectedto increase by $15 million. How much free cash flow (FCF) isTropetech Inc. expected to generate over the next year?a. $18,490 millionb. $1,365 millionc. $1,035 milliond. $1,005 million2. Tropetech Inc.’s FCFs are expected to grow at a constant rateof 4.62% per year in the future. The market value of TropetechInc.’s outstanding debt is $4,894 million, and its preferredstocks’ value is $2,719 million. Tropetech Inc. has 225 millionshares of common stock outstanding, and its weighted average costof capital (WACC) equals 13.86%.TermValue (Millions)Total firm value  Intrinsic value of common equity  Intrinsic value per share  Using the preceding information and the FCF you calculated inthe previous question, calculate the appropriate values in thistable. Assume the firm has no nonoperating assets.