1. An oil exploration firm is currently searching for oil. Their probability of finding oil this year is 77% and if they hit oil we expect the stock to return 64%. If they do not hit oil we expect the stock to return -14%. What is the standard deviation of the return of the stock?
   Give your answer to two decimal places (9.99%)
2. A company had free cash flows of $759 million last year. Free cash flows are expected to grow at 3.9% per year. The WACC for the firm is 10.1%. They currently have $9.6 billion in debt outstanding, and have 242 million common stock outstanding. The company has 82 million preferred stock outstanding, that currently trade at $12.64.
   What is the estimate of the stock price based on the firm valuation model?
3. A company had free cash flows of $722 million last year. Free cash flows are expected to grow at 2.5% per year. The WACC for the firm is 7.3%. They currently have $8 billion in debt outstanding, and have 182 million common stock outstanding. The company does not have any preferred stock.
   What is the estimate of the stock price based on the firm valuation model?

Sample Solution

The post Oil exploration firm is currently searching for oil appeared first on homework handlers.

Many Disney films are set in fantasy worlds (Under the sea or the Frozen land). Others are set in real locations. Consider how Orientalism as a function of the imagination plays out in a Disney film.

2500 words before the bibliography
I have included the annotated bibliography and outline. please add more if required.