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A stock has no dividends. Last period s FCFF is $ 4 . 8 9 and it has an estimated annual free cash flow growth
A stock has no dividends. Last periods FCFF is $ and it has an estimated annual free cash flow growth rate of The company should maintain this growth rate for more years before it decays to the estimated longterm growth rate of The WACC for this stock is and its current ROE is You also found out that the firm has debt per share of $ What is the estimated intrinsic value using the multistage FCFF method? State your answer as a dollar amount with two decimal places and use the adjusted method as shown in the textbook.
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