Question
Assistance with this problem would be greatly appreciated! Handwritten explanations for the problem are best. I am not permitted to use Excel for the upcoming
Assistance with this problem would be greatly appreciated! Handwritten explanations for the problem are best. I am not permitted to use Excel for the upcoming exam. Thanks!
Scampini Technologies is expected to generate $25 million in free cash flows next year, and FCF is expected to grow at a constant rate of 4% per year indefinitely. Scampini has no debt or preferred stock, and it s WACC is 10%. If Scampini has 40 million shares of stock outstanding, what is the stock's value per share?
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Introduction to Finance Markets, Investments and Financial Management
Authors: Ronald W. Melicher, Edgar A. Norton
16th edition
1119398282, 978-1-119-3211, 1119321115, 978-1119398288
