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Hadley Inc. forecasts the year - end free cash flows ( in millions ) shown below. Year 1 2 3 4 5 FCF - $
Hadley Inc. forecasts the yearend free cash flows in millions shown below.
Year
FCF $ $ $ $ $
The weighted average cost of capital is and the FCFs are expected to continue growing at a rate after Year The firm has $ million of marketvalue debt, but it has no preferred stock or any other outstanding claims. There are million shares outstanding. What is the value of the stock price today Year Do not round intermediate calculations. Round your answer to the nearest cent.
$
per share
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