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ABC Corporation generated free cash flow of $ 8 6 million this year. For the next two years, the company's free cash flow is expected
ABC Corporation generated free cash flow of $ million this year. For the next two years, the company's free
cash flow is expected to grow at a rate of After that time, the company's free cash flow is expected to level
off to the industry longterm growth rate of per year. If the weighted average cost of capital is and ABC
Corporation has cash of $ million, debt of $ million, and million shares outstanding, what is ABC
Corporation's expected current share price? Show your calculations.
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