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A company had free-cash-flows of $16,744.50 in millions in the past year and has expected growth rate of 1.80% in the next year, 1.20% in

A company had free-cash-flows of $16,744.50 in millions in the past year and has expected growth rate of 1.80% in the next year, 1.20% in the second year, 4.10% in the third year and 1.00% in the fourth year. Finally the firm expects the growth to become 2.60% long-term thereafter. Given that the weighted average cost of capital (WACC) for the firm is 14.85%, what is the expected firm value and share price if there are 5,246,000 shares outstanding? (Hint: use Discounted Free-Cash Flows model)

a. The market value of the firm is: $137,550.81 and the share price is $0.03.

b. The market value of the firm is: $136,563.14 and the share price is $0.03.

c. The market value of the firm is: $130,658.98 and the share price is $0.02.

d. The market value of the firm is: $145,272.92 and the share price is $0.03.

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