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Assume that a firm is expected to have $ 1 6 , 0 0 0 , 0 0 0 of free cash flow over the
Assume that a firm is expected to have $ of free cash flow over the coming year FCF and that this free cash flow is expected to then grow at an annual rate of percent. Also assume that the firm has $ of debt market value outstanding and shares of common stock. Finally assume that the firms WACC is percent. Based on this information, and assuming that the firms capital structure consists solely of this debt and common stock, determine the intrinsic price of the firms stock on a per share basis.
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