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A company expects to generate the following cash flows: The expected growth rate after year 3 is expected to be 3% and the copmany's WACC
A company expects to generate the following cash flows:
The expected growth rate after year 3 is expected to be 3% and the copmany's WACC is 14%. The company has $10 million in debt, $1 million in cash and shares outstanding are 4 million.
What is the the company's expected share price rounded to the nearest integer based on this information?
Free Cash Year Flow $12 1 million $15 million 2 3 $13 millionStep by Step Solution
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