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Consider a company that is forecasted to generate free cash flows of $27 million next year and $30 million the year atter. After that, cash

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Consider a company that is forecasted to generate free cash flows of $27 million next year and $30 million the year atter. After that, cash fiows are projected to grow at a stable rate in perpetulity. The company's cost of capital is 10.4%. The company has $56 mition in debt, $10 million of cash, and 20 million shares outstanding. Using an ext multipie for the company's free cash flows (EVIFCFF) of 13, how much is each share worth? Round to one decimal place. QUESTION 2 A company had totai revenues of $55 mition, operating margin of 26.8%, and depeeciation and amortization expense of $24 mation over the tralling twelve months. The company ourrenty has $220 million in total debt and $37 mition in cash and cash equivalents. The company's shares are currenty trading at $31.7 por ahare and there are 11 million ahares outstanding. What is ths EViEBITDA ratio? Round to one decimal place

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