Suppose a Firm Faces the Following Costs of Capital Assume That This Firm Expects to Generate $95 Million of

Suppose a firm faces the following costs of capital:
$\begin{array}{|l|l|l|l|l|l|l|}\hline&\text { Proportion in }\\&\text { Capital }&\text { Pretax }&\text { Tax }& \text { After-tax } &\text { Weighted Average Cost } \\&\text { Structure }&\text { Cost }&\text { Effect }&\text { Cost }&\text { of Capital }\\\hline&& & & & \text { Pretax } &\text { After Tax }\\\hline \text { Debt } & .33 .40 & 12 \% & .35 & 4.2 \% & 4.8 & 2.00 \% \\\hline \text { Equity } & .67 .65 & 20 \% & -- & 20 \% & 13.00 \% & 13.00 \% \\\hline & \underline{1.00} & & & & \underline{17.20 \%} & \underline{15 \%} \\\hline\end{array}$
Assume that this firm expects to generate $95 million of pretax-free cash flows.
Required:
(1)What would be the after-tax free cash flows one year from today?
(2)Assuming a one-year horizon,what is the appropriate valuation to be used by the analyst?