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6. (5) Company Summer. Inc has FCFF $4,180 million currently. We project free cash flow to the firm will grow at 2.50% indefinitely. If the

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6. (5) Company Summer. Inc has FCFF $4,180 million currently. We project free cash flow to the firm will grow at 2.50% indefinitely. If the Company has long-term debt $26,000 million, cash and cash equivalents $10,000 million. Company's cost of debt is 5% and cost of equity is 9%. To estimate firm's weighted average cost of capital, use firm's target capital structure 25% debt and 75% equity. If corporate tax rate is 20% and the company has 200 million shares outstanding, what is company's stock price per share based on information given above

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