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Company has the following cash flow stream. CF1 = 388 CF2 = 637 CF3 = 849 CF4 = 930 Cash flow is expected to be
Company has the following cash flow stream.
CF1 = 388
CF2 = 637
CF3 = 849
CF4 = 930
Cash flow is expected to be constant after year 4, with a growth rate of 4%. The WACC is 10%. In addition, the company has 15 millions in cash, and 40 millions debt, with 58 millions shares outstanding. What is the stock price, P0 , today?
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