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Company has the following cash flow stream. CF1 = 430 CF2 = 612 CF3 = 959 CF4 = 972 Cash flow is expected to be
Company has the following cash flow stream. CF1 = 430 CF2 = 612 CF3 = 959 CF4 = 972 Cash flow is expected to be constant after year 4, with a growth rate of 4%. The WACC is 10%. In addition, company has 30 millions debt, with 52 millions shares outstanding. What is the stock price, P0 , today?
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