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A company's free cash flow for the next three years are FCF1 - $1.50 million, FCF2 - $2 million and FCF3 - $3.5 million. The

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A company's free cash flow for the next three years are FCF1 - $1.50 million, FCF2 - $2 million and FCF3 - $3.5 million. The FCF will be expected to grow at a constant growth rate g -4.0% after year 3. The weighted average cost of capital is WACC - 10.1%. a. What is the horizon value using the FCF model? (4 points) b. What is the current value of operations? (6 points) c. If the value of non-operating assets is $10 million total debt is 15 million (no preferred stocks) and there are 1 million shares outstanding for common stock, what will be the intrinsic value por share of common stock? (5 points) a. 31,000,550.2

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