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A companys weighted average cost of capital is 12.1% per year and the market value of its debt is $70.1 million. The companys free cash
A companys weighted average cost of capital is 12.1% per year and the market value of its debt is $70.1 million. The companys free cash flow last year was $12.3 million and it is expected to grow 30% per year for the next three years. Thereafter, the free cash flow is expected to grow forever at a rate of 6.7% per year. If the company has six million shares of common stock outstanding, what is the value per share? Please complete in excel and show answers and formula. Thank you!
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