Question
A company is expected to have free cash flows of $2 million next year. The weighted average cost of capital is WACC = 12%, and
A company is expected to have free cash flows of $2 million next year. The weighted average cost of capital is WACC = 12%, and the expected constant growth rate is g = 6%. The company has $1.25 million in short-term investments, $2.75 million in debt, and 1.75 million shares. What is the stock's current intrinsic stock price?
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Applied Financial Macroeconomics And Investment Strategy
Authors: Robert T McGee
1st Edition
1137428394, 978-1137428394
