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Free cash flow to firm for Frontier Ceramics is currently $300 million but is expected to grow by 3% each year forever. If the company's
Free cash flow to firm for Frontier Ceramics is currently $300 million but is expected to grow by 3% each year forever. If the company's cost of capital is 10%, how much is it worth? If market value of debt is $3,000 million and FC has 200 million shares outstanding, find per share value of FC.
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