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Given the following investment and free cash flows: year 0: $50m investment year 1; $80m year 2: 180 m year 3: 200m after year 3,

Given the following investment and free cash flows:

year 0: $50m investment

year 1; $80m

year 2: 180 m

year 3: 200m

after year 3, FCF grows by a constant 5%.

The WACC is 12% current debt is $30m

current short term securities = $80m

number of stock shares = 10m shares

Calculate the price of the stock: (SHOW all work)

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