Question
A firm's free cash flow to equity has a growth rate of 2% forever. You forecast the free cash flow to equity for next year
A firm's free cash flow to equity has a growth rate of 2% forever. You forecast the free cash flow to equity for next year is $1 billion. The firm has a cost of equity of 12%. The firm has in total 100 million shares outstanding. What is the fair price of the stock?
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Take The Trade A Floor Trade
Authors: Tony Wilson
1st Edition
979-8218195458
