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Analysts project the following free cash flows (FCFs) for Ezzell Corporation during the next 3 years, after which FCF is expected to grow at a
Analysts project the following free cash flows (FCFs) for Ezzell Corporation during the next 3 years, after which FCF is expected to grow at a constant 7% rate. Ezzell's WACC is 12%. Ezzell has $100 in debt and 40 shares of stock. What should be the current price of Ezzell's stock? $9.22 $11.53 $11.22 $13.22 $12.98 Step by Step Solution
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Public Finance And Public Policy
Authors: Jonathan Gruber
6th Edition
1319105254, 9781319105259
