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Company A has the following information, The most recent free cash flow, FCF 0 , is 869 FCF grows at a constant rate of 6%

Company A has the following information,

The most recent free cash flow, FCF₀ , is 869

FCF grows at a constant rate of 6% forever,

WACC is 15%,

Cash amount is 187

Debt amount is 303

Num. shares outstanding is 67

What is the stock price, P₀ , today?

(Hint : The answer in my version is 186.90)

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