1. A savings product requires you to invest the following amounts. 250 today, 450 in one year, 650 in two years, 850 in three years, 1100 in four years. What is the future value (in five years) of these payments, assuming an interest rate of 2.75%?
2. Free Cash Flow $23 million $24 million $29 million $32 million $32 million
XYZ Industries is expected to generate the above free cash flows over the next five years, after which free cash flows are expected to grow at a rate of 1% per year. If the weighted average cost of capital is 7% and XYZ has cash of $14 million, debt of $42 million, and 60 million shares outstanding, what is General Industries' expected current share price? Round to the nearest one-hundredth.