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0 River Enterprises has 500 million in debt and 18 million shares of equity outstanding. Its excess cash reserves are 513 million. They are expected

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0 River Enterprises has 500 million in debt and 18 million shares of equity outstanding. Its excess cash reserves are 513 million. They are expected to generate $12 milion in free cash flows next year with a growth of 2% per year in perpetuty, River Enterprises cost of equity capital is 11%. After analyzing the company, you believe that the growth rate should be 3% instead of 2% How much higher in dostars) would the price per she be if you are right? If the growth rate is 2%, the price per share is (Round to the nearest cent) if the growth rate is 3%, the price per share is $. Round to the nearest cent) If you are right and the growth rate is 9%, the price per share would be higher (Round to the nearest cent.)

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