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Company has the following cash flow stream. CF1 = 318 CF2 = 685 CF3 = 967 CF4 = 979 Cash flow is expected to be
Company has the following cash flow stream.
CF1 = 318
CF2 = 685
CF3 = 967
CF4 = 979
Cash flow is expected to be constant after year 4, with a growth rate of 4%. The WACC is 10%. In addition, company has 36 millions debt, with 56 millions shares outstanding. What is the stock price, P0 , today?
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