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2020 reported NOPAT 2020 reported NOA $10,500 million 62,200 million 42,800 million Present value of forecast horizon FCFF Present value of terminal period FCFF Net

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2020 reported NOPAT 2020 reported NOA $10,500 million 62,200 million 42,800 million Present value of forecast horizon FCFF Present value of terminal period FCFF Net nonoperating obligations 229,900 million 18,800 million If Toppin has 2 billion shares of common stock outstanding, what is the value of a share of stock at the end of 2020 estimated using the discounted cash flow model? O $126.95 O $163.30 $167.45 O $176.85 O $158.05

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