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2020 will be $30 milion, The firm's free cash flow is expected to grow at a constant rate of 5$ s annualy. Assume that its

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2020 will be $30 milion, The firm's free cash flow is expected to grow at a constant rate of 5$ s annualy. Assume that its free cash flow occucs ar the end of each year. The firm's has no preferred itock on its balanco sheet and has no plans to use if fer future capitat budgrting projects, Nso, the firm has rero non-aperating assits. Using the corporate valuation mode, what should be the comeany's stock price today (December 31,2010 ) Do not round intermedice calculations. Round your anuwer to the neareat cent. s per shere Quantitative Problem 2: Hadley Inc. forecasta the vear-end free cash flows (in-miliona) shown below. 1 per shure stock. The statiment above is Cenchusiens

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