In a few paragraphs, discuss your estimates for the value of a share of Cadbury stock as of the end of November 2019 using WACC, FTE and APV.. Since under exactly the same assumptions these estimates of per share price should all be identical, try to provide an economic explanations for the differences in the estimates of share price in terms of differences in the underlying assumptions made about the firms capital structure behavior. (Focus on slight differences in assumptions about D/V and ITS each period)

Estimated price per share, WACC = $62.52, FTE = 62.59, APV = 62.52