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6. Suppose Maxwell, Corp. (Maxwell) a midsize, privately held company has the following data: Five million shares outstanding. Free cash flow of $24 million, which
6. Suppose Maxwell, Corp. (Maxwell) a midsize, privately held company has the following data: Five million shares outstanding. Free cash flow of $24 million, which is expected to grow at a constant rate of 5%. Maxwells. financial statement shows short-term investments of $100 million, preferred stock of $50 million and $200 million in long term debt. Maxwells WACC is 11%
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