Ccm corporation value | Accounting homework help

You expect  CCM Corporation to generate the following free cash flows over the next five years:                                                        
Year      1    2    3    4    5                                   
FCF ($ millions)     25    28    32    37    40                                   
                                                       
Following year five, you estimate that CCMʹs free cash flows will grow at 5% per year and that CCMʹs weighted average cost of capital is 13%.                                                        
1. The enterprise value of CCM corporation is closest to:                                                        
A)  $396 million                                                        
B)  $290 million                                                        
C)  $382 million                                                        
D)  $350 million                                                       
                                                       
“2.  If CCM has $150 million of debt and 12 million shares of stock outstanding, then the share price for CCM is closest to:
”                                                       
A)  $49.50                                                        
B)  $11.25                                                        
C)  $20.50                                                        
D)  $22.75                                                        

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