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Dell computers is expected to generate $75 million in free cash flow next year, and is expected to grow at a constant rate of 6%
Dell computers is expected to generate $75 million in free cash flow next year, and is expected to grow at a constant rate of 6% per year. The firm has no debt or preferred stock and has a WACC of 9%. Dell has 50 million shares of stock outstanding.
Using the corporate valuation model, what is the value of the company's stock per share?
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