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Can the problem be solved without a financial aid calculator? Simple math? Joanie, Inc. a. FCF1 = 23.50, FCF2 = 24.50, FCF3 = 25.00 b.

Can the problem be solved without a financial aid calculator? Simple math?

Joanie, Inc. a. FCF1 = 23.50, FCF2 = 24.50, FCF3 = 25.00 b. From FCF3 onwards, FCF grows at a 6.0% constant rate c. WACC= 13.0% d. L.T. Debt Outstanding: $69.69 e number of Common Stock outstanding: 167 What is the price of stock Joanie

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