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Mary Jane, CEO of Winnipeg Weed Inc., projects a free-cash flow of $2.73 million in 2020 and she expects it to grow at 5% per
Mary Jane, CEO of Winnipeg Weed Inc., projects a free-cash flow of $2.73 million in 2020 and she expects it to grow at 5% per year forever. Weed Inc. also has $10 million in cash, $5 million in debt, and 2 million shares outstanding, and a cost of capital of 20%. What is the estimated price per share of the firm using the discounted free-cash flow model in 2019
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