1. This year, Starbuck's has earnings before interest and taxes of 10 million, depreciation expenses of 1 million, capital expenditures of 1.5 million, and has increased its net working capital by 500,000.

If its tax rate is 35%, what is its free cash flow?

2. A firm has an enterprise value of $640 million.

The firm has $120 million in long term debt and preferred stock and has 50 million shares outstanding.

What is the price per share?

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