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Due to the current pandemic and fierce competition, Pacific Instruments are facing issues to generate income. They just had FCF of $10,000 and it is
Due to the current pandemic and fierce competition, Pacific Instruments are facing issues to generate income. They just had FCF of $10,000 and it is estimated to be dropped by 5% each year. If the appropriate cost of capital is 8% and total debt and the number of outstanding shares are $50,000 and 500 respectively, what should be the current stock price of the Pacific Instruments?
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