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A company's weighted average cost of capital is 10 % per year and the market value of its debt is $ 680 million . The
A company's weighted average cost of capital is 10 % per year and the market value of its debt is $ 680 million . The company's free cash flow last year was $ 75.9 million and it is expected to grow 15 % per year for the next three years . Thereafter , the free cash flow is expected to grow forever at a rate of 3 % per year . If the company has fifteen million shares of common
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