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Ch9-Q47. You must estimate the intrinsic value of Noe Technologies' stock. The end-of-year free cash flow (FCF1) is expected to be $27.50 million, and it

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Ch9-Q47. You must estimate the intrinsic value of Noe Technologies' stock. The end-of-year free cash flow (FCF1) is expected to be $27.50 million, and it is expected to grow at a constant rate of 7.0% a year thereafter. The company's WACC is 10.0%, it has $125.0 million of long-term debt Aylus preferred stock outstanding, and there are 15.0 million shares of common stock outstanding. What is the firm's estimated intrinsic value per share of common stock? $52.78 $48.64 $57.08 $54.89 $50.67 Ch9-Q43. Ryan Enterprises forecasts the free cash flows (in millions) shown below. The weighted average cost of capital is 13.0%, and the FCFs are expected to continue growing at a 5.0% rate after Year 3 . What is the firm's total corporate value, in millions? $331.06 $314.51 $366.82 $348.48 $386.13 Ch9-Q42. Kale Inc, forecasts the free cash flows (in millions) shown below. If the weighted average cost of capital is 11.0% and FCF is expected to grow at a rate of 5.0% after Year 2, what is the firm's total corporate value, in millions? Year 0 1 2 Free cash flow 0 $50 $100 $1,456 $1.606 $1,770 $1,686 $1,529

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