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f there are 500 million shares outstanding, use the following information to find a fair equity value for Galaxy Interiors stock using the Free Cash

f there are 500 million shares outstanding, use the following information to find a fair equity value for Galaxy Interiors stock using the Free Cash Flow (FCF) model. Free cash flow = 8000 million Free cash flow (FCF) will grow at 2.5% Galaxy's equity beta is 1.50 Risk-free rate is 3% and market return is 13% Currently, Galaxy is not paying any dividends Total debt value = 10,000 million further note that: tax rate = 25% D/E ratio = 70% *note: use at least 6 decimals for your interim calculations What is the stock value per share for Galaxy Interiors? approx. $152 per share approx. $128 per share approx. $139 per share approx. $113 per share

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