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A financial analyst fir Raymond James made the following forecast for hi-Tech Firm TGI between 2013-2015 (in millions of dollars) a the end if 2012.

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A financial analyst fir Raymond James made the following forecast for hi-Tech Firm TGI between 2013-2015 (in millions of dollars) a the end if 2012. 2015 2013 265 2014 320 545 CFFO CF Investment 238 196 345 raymond james expects a constant growth of 8% in cash flow from operations after 2015. however, raymond james is expecting uneven above-average growth in investments. specifically, tgi is expected to have an initial six-year period of 9% per year growth after 2015. analysts anticipates that tgi will increase its investments 5% per year as a mature company, and allows 10 years for the transition to the mature growth period. tgi reported $4,400 in short-term and long-term debt and 450 million shares outstanding at the end of 2012. (wacc=11%). What is the present value of free cash flow from 2013 to 2021? What is the fair share price at the end of 2012? A financial analyst fir Raymond James made the following forecast for hi-Tech Firm TGI between 2013-2015 (in millions of dollars) a the end if 2012. 2015 2013 265 2014 320 545 CFFO CF Investment 238 196 345 raymond james expects a constant growth of 8% in cash flow from operations after 2015. however, raymond james is expecting uneven above-average growth in investments. specifically, tgi is expected to have an initial six-year period of 9% per year growth after 2015. analysts anticipates that tgi will increase its investments 5% per year as a mature company, and allows 10 years for the transition to the mature growth period. tgi reported $4,400 in short-term and long-term debt and 450 million shares outstanding at the end of 2012. (wacc=11%). What is the present value of free cash flow from 2013 to 2021? What is the fair share price at the end of 2012

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