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Company C has the following FCF: Year 1 FCF = $20 million Year 2 FCF = $30 million Year 3 FCF = $60 million FCF
Company C has the following FCF: Year 1 FCF = $20 million Year 2 FCF = $30 million Year 3 FCF = $60 million FCF grows at 5% after year 3 Suppose WACC is 15%, short-term investment $12.8 million, debt is $89 million, preferred stock is $20 million, and the number of shares outstanding is 25 million. How much is the common stock price for this company
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