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forever, there are 13 million shares outstanding and investors require a return of 7% on the company's stock. Uning the constant growth model to find

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forever, there are 13 million shares outstanding and investors require a return of 7% on the company's stock. Uning the constant growth model to find the terminal value, Criculate Un co has the following projected sales, costs, not investment and free cash flows in millions. The anticipated growth rate in free cash flows after year 6 ls 2% per year the price of the company's stock (Round to 2 decimals) 1 Sales 205 Costs 123 Taxes 16.4 Net Income (OCF) 106.6 Net Investment 60 FCF 46.6 2 229.6 137.7 18.3 119.4 67.2 52.2 3 252.5 151.5 20.2 131.3 73.9 57.4 4 272.7 163.6 21.8 141.8 79.8 62 5 289 173.4 23.1 150.3 84.6 65.7 300.5 180.3 24 156.3 BB 68.3

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