Lincoln, Inc. . FCFO = 1,952.38 FCF grows at a constant rate = 5.0% WACC = 11.0% .S.T. Investments = 10,000 L.T. Debt = 15,000 Stocks Outstanding: N = 989 Question: What is the value of Equity of Lincoln? Vop = FCF1+ (WACC - SL) Total = Vop + S.T. Investments VEquity = V Tot - Debts Po = VEquity : N Same problem as above. Lincoln, Inc. FCFO = 1,952.38 FCF grows at a constant rate = 5.0% WACC = 11.0% S.T. Investments = 10,000 L.T. Debt = 15,000 Stocks Outstanding: N = 989 Question: What is the fair price of a Lincoln stock? VOP = FCF 1 + (WACC - GL) VTotal = Vop + S.T. Investments VEquity = V Tot - Debts Po = VEquity +N