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Free Cash Flow $20 million $25 million $28 million $31 million $32 million XYZ Industries is expected to generate the above free cash flows over
Free Cash Flow $20 million $25 million $28 million $31 million $32 million XYZ Industries is expected to generate the above free cash flows over the next five years, after which free cash flows are expected to grow at a rate of 1% per year. If the weighted average cost of capital is 7% and XYZ has cash of $12 million, debt of $38 million, and 79 million shares outstanding, what is General Industries' expected current share price?
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