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Calculate the stock value of the following companies: SBX is a tech company with 1,525,000 outstanding shares and the following expected cash flows. Assume a
Calculate the stock value of the following companies: SBX is a tech company with 1,525,000 outstanding shares and the following expected cash flows. Assume a 3% discount rate Year 1: $8,450,000 Year 2: $7,500,000 Year 3: $6,325,000 Year 4: $7,450,000 Year 5: $8,250,000 Year 6: $7,000,000 Year 7: $6,545,000 Year 8: $7,125,000 Stock Price: Assume this stock trades on the DOW. Assume the Dow's divisor is . 1474. If this stock's price changes by $4.50, by how much does the DOW change
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