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A company is forecasted to generate free cash flows of $68 million for the next three years. After that, cash flows are projected to grow
A company is forecasted to generate free cash flows of $68 million for the next three years. After that, cash flows are projected to grow at a 2.5% annual rate in perpetuity. The company's cost of capital is 7.7%. The company has $43 million in debt, $12 million of cash, and 15 million shares outstanding. What's the value of each share?
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