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16.nico corporation expects to generate free-cash flows of $200,000 per year for the next five years. beyond that time, free cash flows are expected to

16.nico corporation expects to generate free-cash flows of $200,000 per year for the next five years. beyond that time, free cash flows are expected to grow at a constant rate of 5 percent per year forever. If the firms average cost of capital is 15 percent, the market value of the firms debt is $500,000, and nico has a half million shares of stock outstanding, what is the value if nicos stock? A. $0.00 b. $1.43 c.$3.43 d.$2.43

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