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FCF1 = -$30 FCF2 = $10 FCF3 = $50 IGC Corporation is a fast-growing supplier of office products. Analysts project the following free cash flows
FCF1 = -$30FCF2 = $10 FCF3 = $50 
IGC Corporation is a fast-growing supplier of office products. Analysts project the following free cash flows (FCFs) during the next 3 years, after which FCF is expected to grow at a constant rate of 5% rate. IGC's WACC is 12%. (3) Suppose IGC has $150 million of debt and 10 million shares of stock outstanding. What is your estimate of the current price per share? (4 points)
FCF2 = $10
FCF3 = $50
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The Principals Guide To School Budgeting
Authors: Richard D. Sorenson, Lloyd M. Goldsmith
3rd Edition
1506389457, 978-1506389455
