Question
A company had free cash flows of $487 million last year. Free cash flows are expected to grow at 2.3% per year. The WACC for
A company had free cash flows of $487 million last year. Free cash flows are expected to grow at 2.3% per year. The WACC for the firm is 8.5%. They currently have $4.8 billion in debt outstanding, and have 289 million common stock outstanding. The company does not have any preferred stock.
What is the estimate of the stock price based on the firm valuation model?
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International Project Finance
Authors: Felix I. Lessambo
1st Edition
3030963896, 978-3030963897
