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A firm earned a $ 2 0 million free cash flow last year. The FCF is expected to grow at a constant rate of 1

A firm earned a $20 million free cash flow last year. The FCF is expected to grow at a constant rate of 10 percent forever. The firm has 17 million shares outstanding and the value of debt is $250 million. If the WACC is 12 percent, find the value of the stock.A firm earned a $20 million free cash flow last year. The FCF is expected to grow at a constant rate of 10 percent forever. The firm has 17 million shares outstanding and
the value of debt is $250 million. If the WACC is 12 percent, find the value of the stock.
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