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AAT company is expected to have free cash flows of $0.75 million by the end of this year. The weighted average cost of capital is

  1. AAT company is expected to have free cash flows of $0.75 million by the end of this year. The weighted average cost of capital is 10 %, and the expected constant growth rate is 3%. The company has $4 million in short-term investments, $2 million in debt, and 1 million common shares. What is the stock's current intrinsic value?

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