Question
Google has cash flows of $29.10, $36.93, and $45.03 billion for the next three years. After that Googles cash flows is $47.51 billion and its
Google has cash flows of $29.10, $36.93, and $45.03 billion for the next three years. After that Googles cash flows is $47.51 billion and its cash flow will grow at 5.5% forever. The cost of capital is 10.20%. Google has 700 million shares outstanding. What is the price of Google stock today?
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Risk Management And Financial Institution
Authors: John C. Hull
2nd Edition
0136102956, 9780136102953
