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A firm has present value of short-term cash flows of $2M. The present value of terminal value is $7M. The firm has $3M canh In
A firm has present value of short-term cash flows of $2M. The present value of terminal value is $7M. The firm has $3M canh In its bunk accounts of which $1M is excess. The liabilities of the firm is $0M. There are 2M shares outstanding. What is your bent estimate for the stock price $ ? (sinilar to the cire study discussion in the class)
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