Corporate valuation Scampini Technologies is expected to generate $100 million in free cash flow next year, and FCF is expected to grow at a constant rate of 5% per year indefinitely. Scampini has no debt or preferred stock, and its WACC is 12%. If Scampini has 45 million shares of stock outstanding, what is the stock's value per share? Each share of common stock is worth, according to the corporate valuation model