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Derry Corporation is expected to have an EBIT of $ 3 , 4 5 0 , 0 0 0 next year. Depreciation, the increase in
Derry Corporation is expected to have an EBIT of $ next year. Depreciation, the increase in net working capital, and capital spending are expected to be $ $ and $ respectively. All are expected to grow at percent per year for four years. The company currently has $ in debt and shares outstanding. At Year you believe that the company's sales will be $ and the appropriate pricesales ratio is The companys WACC is percent and the tax rate is percent. What is the price per share of the company's stock?
Note: Do not round intermediate calculations and round your answer to decimal places, eg
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