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A company's free cash flow next year is expected to be $9.2 million and the free cash flow is expected to grow forever at a

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A company's free cash flow next year is expected to be $9.2 million and the free cash flow is expected to grow forever at a rate of 6.2% per year. The company's weighted average cost of capital is 11.7% per year and the market value of its debt is $38.2 million. If the company has five million shares of common stock outstanding, what is the intrinsic value per share? A) $20.34 B) $28.98 C) $30.52 D) $25.81 E) $27.41

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