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Aptech Corp. expects to generate future free cash flow of $50 million in the first year and a 5% growth rate in perpetuity. The firm

Aptech Corp. expects to generate future free cash flow of $50 million in the first year and a 5% growth rate in perpetuity. The firm currently has $50 million in excess cash. The WACC of Aptech Corp. is 10%. The shares outstanding is 10 million. What is the stock price of Aptech Corp? A. 110. B. 105. C. 115. D. 100

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