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(Hard) Dozier Corporation is a fast-growing supplier of office products. Analysts project the attached free cash flows (FCFs) during the next 3 years, after which

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(Hard) Dozier Corporation is a fast-growing supplier of office products. Analysts project the attached free cash flows (FCFs) during the next 3 years, after which FCF is expected to grow at a constant 7% rate. Dozier's WACC is 13%. Suppose Dozier has $100 million of debt and 10 million shares of stock outstanding. What is your estimate of the current price per share (stock price)? A) $40.38 B) $42.01 C) $39.86 D) $42.79 E) $41.24

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