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Check My Work (3 remaining) 19.04 (Nonconstant Growth Valuation) : Not Yet Judged Scampini Technologies is expected to generate $125 million in free cash flow

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Check My Work (3 remaining) 19.04 (Nonconstant Growth Valuation) : Not Yet Judged Scampini Technologies is expected to generate $125 million in free cash flow next year, and FCF is expected to grow at a constant rate of 5% per year indefinitely. Scampini has no debt or preferred stock, and its WACC is 13%. If Scampini has 40 million shares of stock outstanding, what is the stock's value per share? Do not round intermediate calculations. Round your answer to the nearest cent. Each share of common stock is worth $ according to the corporate valuation model. Check My Work (3 remaining) Icon Key Problem 9.05 (Corporate Valuation) Question 12 of 20 Save Submit Assignment for Grading

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