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JR Stores, Inc. is expected to generate total Free Cash Flow next year of $10 mm. Investors expect their FCF to grow at a constant
JR Stores, Inc. is expected to generate total Free Cash Flow next year of $10 mm. Investors expect their FCF to grow at a constant rate of 3% per year thereafter. If their weighted average cost of capital is 8%, the current Enterprise Value is: $____________ mm. (round to the nearest million) If JR Stores has no excess cash, $60 mm in debt, and 7 mm shares outstanding, their current stock price per share is: $_______ (round to the nearest dollar)
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