Question
Based upon the chart detailed below, please calculate the value of the company and the price per share. Please show your work. Year 2015 2016
Based upon the chart detailed below, please calculate the value of the company and the price per share. Please show your work.
| Year | 2015 | 2016 | 2017 | 2018 | 2019 |
| FCF | $860,000 | $883,220 | $907,067 | $931,558 | $956,710 |
| Growth Rate: | 2.70% | 2.70% | 2.70% | 2.70% | 2.70% |
| WACC: | 7.00% | 7.00% | 7.00% | 7.00% | 7.00% |
| MKT Value of DEBT: | $2,600,000 |
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| MKT Value of Pref STK: | $775,000 |
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| # Shares Outstanding: | 660,000 |
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Financial And Managerial Accounting
Authors: Nonso E Okpala
1st Edition
1634873904, 9781634873901
