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HHH Co.s most recent free cash flow was $910,000. The firm is expected to grow free cash flow at a constant rate of 4% per
HHH Co.s most recent free cash flow was $910,000. The firm is expected to grow free cash flow at a constant rate of 4% per year forever. HHH Co. has $2,400,000 of debt, $150,000 of Preferred Stock, and 1,000,000 shares outstanding. The Weighted Average Cost of Capital is 8%. Compute today's stock price.
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