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An analyst wants to estimate the intrinsic value of the Wealth Defender Corporation stock. He has the following information: The company's free cash flow this

An analyst wants to estimate the intrinsic value of the Wealth Defender Corporation stock. He has the following information: The company's free cash flow this past year was $275 million. The analyst estimates that the free cash flow will grow at 15% for two years, and then will grow a steady 4.5% thereafter. The companys weighted average cost of capital is 11%. The company currently has debt and preferred stock totaling $95 million. There are 215 million outstanding shares of common stock. What is the intrinsic value (per share) of the companys stock? Question Blank 1 of 1

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