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Dozier Corporation is a fast - growing supplier of office products. Analysts project the following free cash flows ( FCFs ) during the next 3
Dozier Corporation is a fastgrowing supplier of office products. Analysts project the following free cash flows FCFs during the next years, after which FCF is expected to grow at a constant rate. Doziers weighted average cost of capital is WACC Suppose Dozier has $ million in marketable securities $ million in debt, and million shares of stock. What is the intrinsic price per share?
Year
Free cash flow $ millions$ $ $
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