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Decker Tires' free cash flow was just FCF0=$1.32. Analysts expect the company's free cash flow to grow by 30% this year, by 10% in Year

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Decker Tires' free cash flow was just FCF0=$1.32. Analysts expect the company's free cash flow to grow by 30% this year, by 10% in Year 2 , and at a constant rate of 5% in Year 3 and thereafter. The WACC for this company 9.00%. Decker has $4 million in short-term investments and $14 million in lebt and 1 million shares outstanding. What is the best estimate of the stock's current intrinsic price? a. $35.99 b. $33.75 c. $32.65 d. $31.59 e. $34.87

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