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Comcast Corp had $10.1 billion in FCFE last year. You are expecting the firm to grow at the annual rate of 4%. The company has

Comcast Corp had $10.1 billion in FCFE last year. You are expecting the firm to grow at the annual rate of 4%. The company has a WACC of 11% and a cost of equity of 15%. The market value of debt is $105.6 billion is and 2.54 billion shares are outstanding. How much should the price of Comcast stock be?

  • $100.65
  • $79.17
  • $37.59
  • $59.08

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