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A company had free-cash-flows of for $16,513.50 in millions in the past year and has expected growth rate of 1.10% in the next year, 4.10%
A company had free-cash-flows of for $16,513.50 in millions in the past year and has expected growth rate of 1.10% in the next year, 4.10% in the second year, 1.50% in the third year and 2.60% in the fourth year. Finally the firm expects the growth to become 4.90% long-term thereafter. Given that the weighted average cost of capital (WACC) for the firm is 36.98%, what is the expected firm value and share price if there are 5,562,000 shares outstanding? (Hint use Discounted Free-Cash Flows model)
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