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A firm has 120,000 shares of stock outstanding, a sustainable rate of growth of 3.6%, and $648,200 in next year's free cash flow. What value

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A firm has 120,000 shares of stock outstanding, a sustainable rate of growth of 3.6%, and $648,200 in next year's free cash flow. What value would you place on a share of this firm's stock if you require a 14.2% rate of return? A. $50.96 B. $52.96 C. $53.02 D. $51.58 If markets are efficient, when new information about a stock becomes

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