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Majong Inc. forecasts that it will have the free cash flows shown below. The free cash flows are expected to grow by 5 % per
Majong Inc. forecasts that it will have the free cash flows shown below. The free cash flows are expected to grow by per year after year
Year
CF $ million
The weighted average cost of capital is The firm has $ million of debt and million shares outstanding.
What is the firm value today in $ million
What is a good estimate of Majong's value per share?
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