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Free cash flow valuation Nabor Industries is considering going public but is unsure of a far offenng price for the company. Before haring an investment

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Free cash flow valuation Nabor Industries is considering going public but is unsure of a far offenng price for the company. Before haring an investment banker to assist in making the public offering, managers at Nabor have decided to make their own estimate of the firm's common stock value. The firm's CFO has gathered data for performing the valuation using the free cash flow valuation model The firm's weighted average cost of capital is 14%, and has 51.780.000 of deben market value and 5360 000 of preferred stock in terms of market value. The estimated free cash flows over the next 5 years, 2020 through 2024, are given in the tab Beyond 2024 to infinity the firm expects its free cash flow to grow by 5% annualy. a. Estimate the value of Nabor Industries entite company by using the free canow vaation model b. Use your finding in part a along with the data provided inbove to find Nabor industries common stock value c. If the firm plans to issue 200.000 shares of common stock, what is its estrated value per share? a. The value of Nabor industries' entire company (Round to the nearest do b. The value of Nabor Industries common stock is 5 (Round to the nearest oota) .. It the firm plans towe 200.000 es of common stock, the estimated at per store croond to the nearest cont> Data Table (Click on the icon tocated on the top right comer of the data table below in order to copy its contents into a spreadsheet Year in 2020 2021 2022 2023 2024 Free cash flow (FCF $210,000 $270,000 $350,000 $380,000 $410,000

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