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It is Jan 1, 2024. Assume for simplicity that cash flows occur at the end of each year. Given the information in the table below,

It is Jan 1, 2024. Assume for simplicity that cash flows occur at the end of each year. Given the information in the table below, what is the value of a single share of stock of ABC Corp to the nearest $0.10?

Unlevered Free Cash Flow (FCFF) for year ending Dec 31, 2024 $1,200
Cash and Marketable Securities $1,000
Market value of Debt $3,000
Market value of Preferred Stock $2,000
Number of Shares Outstanding 70
Tax Rate 20%
WACC 13%
Perpetuity Growth Rate 3%

Group of answer choices

$171.40

$342.90

$228.60

$182.90

$114.30

$200,00

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