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Estimating Share Value Using the DCF Model Following are forecasts of Home Depot's sales, net operating profit after tax (NOPAT), and net operating assets (NOA)

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Estimating Share Value Using the DCF Model Following are forecasts of Home Depot's sales, net operating profit after tax (NOPAT), and net operating assets (NOA) as of February 3, 2019, which the company labels fiscal 2018. Forecast Horizon Period Reported Terminal 5 millions 2018 2010 2020 2021 2022 Period $125.515 5134301 143,703 $152.71 $164325 3167310 NOMAT 14.00 15.042 16.09517,221 1842 18.995 NOA 29.638 11.705 39924299 18.34030616 Answer the following requirements assuming a discount rate (WACC) of 785%, a terminal persod growth rate of 2%, common shares outstanding of 1.105 million, net nonoperating obligations (NNO) of 531,812 milion Required a. Estimate the value of a share of Home Depots common stock using the discounted cash flow (DCF) model as of February 3, 2019. Note: Do not round until your final answer; round your final answer to two decimal places Stock price per share so

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