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I have the answers but don't know how to solve so please show work! Answer for #14 is $30.98 Answer for #15 is $51.79 14.
I have the answers but don't know how to solve so please show work!
Answer for #14 is $30.98
Answer for #15 is $51.79
14. Calculate the value of a stock having the following features: 15. It is now December 31, 2023. Carson Corporation projects free cash flows of $500,000 in 2024 , $700,000 in 2025 , and $800,000 in 2026. After 2026, free cash flows are projected to grow at a rate of 5% per year. Carson Corporation's cost of funds is 12%. The company holds $100,000 in marketable securities, and has $4 million in outstanding debt. If there are 120,000 shares of common stock outstanding, what is the per-share value of the company's common stockStep by Step Solution
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