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ill leave a like! On December 31, 2006, a stock analyst has forecasted that Hart Enterprises should generate free cash flows of $2,000 in 2007
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On December 31, 2006, a stock analyst has forecasted that Hart Enterprises should generate free cash flows of $2,000 in 2007 and 3,000 in 2008 and 4,000 in 2009. Thereafter, free cash flow for Hart Enterprises is expected to grow at an annual rate of 5%. Hart Enterprises has a weighted average cost of capital (WACC) of 9%. Hart Enterprises has Notes Payable and Long-term Debt of $10,000 and no Preferred Stock. Hart Enterprises has 15,000 shares of common stock outstanding What is the total value of Hart Enterprises (6 points)? What is the value, Po, of a share of Hart Enterprise's stock (4 points)? Edit View Insert Format Tools Table 12pt Paragraph B I U A or Tv Step by Step Solution
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