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A firm's expected free cash flow is $350 million beginning in one year and continuing in perpetuity at a growth rate of 1.8% and a
A firm's expected free cash flow is $350 million beginning in one year and continuing in perpetuity at a growth rate of 1.8% and a WACC of 13%. It has 350 million shares outstanding. It also has bonds with a total market value of $1.2 billion and holds $780 million in cash. What is its stock price according to the FCF Method?
A. 8.93
B.7.73
C. 6.49
D. 10.13
E. 9.09
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