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A firm's free cash flow this year was $ 5 0 million. Its FCF is expected to grow at 7 0 % , 5 0

A firm's free cash flow this year was $50 million. Its FCF is expected to grow at 70%,50%,30%, and 10% in the coming four years respectively. After that the FCF is expected to grow at 4% per year indefinitely. If the firm's WACC is 9% and its market value of debt is 200 million, what is the intrinsic value of its stock if it currently has 100 million shares outstanding?
a. $29.07
b. $27.07
c. $33.29
d. $31.29
e. $29.29
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