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E SHOW Lecture Note 8 - Stock Valuation.pptx - Power Point REVIEW VIEW ILA Text Direction Align Text AZ Zoro Arrange Quick Convert to SmartArt-an{
E SHOW Lecture Note 8 - Stock Valuation.pptx - Power Point REVIEW VIEW ILA Text Direction Align Text AZ Zoro Arrange Quick Convert to SmartArt-an{ } - Styles Paragraph Drawing Shape Fill Shape Outline Shape Effects Click to add title Year 0 1 2 3 4 FCF 25 25 25 25 ($ 3 millio o n) FCF for firm Canyon Shopping Center (CSC) is listed in the table above. After year 4 FCF is expected to grow at a constant rate of 2%. The weighted average cost of capital for CSC is 7% If cash = $10 million, the market value of ASC's debt = $35 million, and the number of shares outstanding is 5 million, estimate the share price NOTES COMMENTS ly
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