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A company had free cash flows of $424 million last year. Free cash flows are expected to grow at 2.9% per year. The WACC for
A company had free cash flows of $424 million last year. Free cash flows are expected to grow at 2.9% per year. The WACC for the firm is 10.2%. They currently have $2.2 billion in debt outstanding, and have 250 million common stock outstanding. The company has 39 million preferred stock outstanding, that currently trade at $66. What is the estimate of the stock price based on the firm valuation model
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