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Giant Industry Inc. (GII) just reported a free cash flow of $740 million. Their CFO expects cash flow to grow at 3.5% for the foreseeable

Giant Industry Inc.  (GII) just reported a free cash flow of $740 million. Their CFO expects cash flow to grow at 3.5% for the foreseeable future. You determine that an appropriate rate of return for HGC is 9.0%. If GII has 125 million shares outstanding, what is the fair value per share of GII?


If GII has $6.0 billion in interest-bearing debt, what is its enterprise value?

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