In company X regarding year N, it was possible to obtain the following data thousand euros):
> The net investment is 400 and the working capital change os negative of -1.100. The EBIT is 6.850 and the tax rate of companies is 25%.
> The predicted growth rates for the Free Cash Flow for the following years are: 5% between N+1 and N+4. The perpetuity period starts N+5 and the growth rate in perpetuity is 2%.
> The Weighted Average Cost of Capital is 7%.
> The debt of the company is 20.000, due to a zero-coupon bond issue with repayment at par in 5 years. The YTM of bonds with similar risk is 3%.
> The paid-in capital is represented by 20.000.000 shares, with a nominal value of 1 euro each.
Requests:
1. Calculate the Free Cash Flow for year N.
2. Calculate the value per share for year N.