Homework: Chapter 17 Save Score: 5 of 23 pts 16 of 23 Question 16: Problem 17.LO3.59 (similar to) Question Help Settings The forecast for Expat Exports" free cash flows for next year is provided in the accompanying table. Assume that free cash flow is paid at the end of each year and we are at the beginning of a year. Last year's values are for the year-end yesterday. Analysts expect cash flow to remain constant at next year's level in perpetuity. The WACC for Expat Exports is 12%. What is the fair price for Expat Exports' shares today? Click the icon to view financial infomation for Expat Exports Inc. - X Financial Information The fair price for each of Expat Exports shares today is $ (Round to the nearest cent as needed.) > Selected Financial Information Expat Exports Inc. fin thousands) Last Year Operating Cash Flow $95,828 Net Working Capital - $18,379 CAPEX 524,521 Debt $58,365 Shares Outstanding 30,000 Next Year $102,258 - $20,826 $47,430 $70,139 30,000 Print Done Enter your answer in the answer box and then click Check Answer. All parts showing Clear All Check Answer Homework: Chapter 17 Save Score: 5 of 23 pts 16 of 23 Question 16: Problem 17.LO3.59 (similar to) Question Help Settings The forecast for Expat Exports" free cash flows for next year is provided in the accompanying table. Assume that free cash flow is paid at the end of each year and we are at the beginning of a year. Last year's values are for the year-end yesterday. Analysts expect cash flow to remain constant at next year's level in perpetuity. The WACC for Expat Exports is 12%. What is the fair price for Expat Exports' shares today? Click the icon to view financial infomation for Expat Exports Inc. - X Financial Information The fair price for each of Expat Exports shares today is $ (Round to the nearest cent as needed.) > Selected Financial Information Expat Exports Inc. fin thousands) Last Year Operating Cash Flow $95,828 Net Working Capital - $18,379 CAPEX 524,521 Debt $58,365 Shares Outstanding 30,000 Next Year $102,258 - $20,826 $47,430 $70,139 30,000 Print Done Enter your answer in the answer box and then click Check Answer. All parts showing Clear All Check