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A company had free cash flows of $780 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 $780 million last year. Free cash flows are expected to grow at 2.9% per year. The WACC for the firm is 9%. They currently have $2 billion in debt outstanding, and have 226 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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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen
16th edition
125927716X, 978-1259687969, 1259687961, 978-1259277160
