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Given the following free cash flows: Year 1 : - 2 0 m year 2 : 4 0 m year 3 : 5 0 m

Given the following free cash flows:
Year 1: -20m year 2: 40m year 3: 50m year 4: 80M
After year 4, the firm expects a constant FCF long-term growth rate of 4%.
Debt is 5m
Short term investments are 10m
The cost of capital is 10%.
There are 7m stock shares.
a. Calculate V operations _____________
b. Calculate the price of the stock. ____________ show all work

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