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7. A company's free cash flow to firm was just FCFFo $2.60 million. The weighted average cost of capital is WACC 9.2%, and the steady-state
7. A company's free cash flow to firm was just FCFFo $2.60 million. The weighted average cost of capital is WACC 9.2%, and the steady-state growth rate is g-3.0%, what would be the current market price per share if the market value of debt is $17.1 million and the company has no cash or cash equivalents on its balance sheet and 1.2 million shares outstanding? a. $28.12 b. $25.57 c. $21.74 d. $23.31
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