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model, what should be the company's stock price today (December 31, 2019)? Do not round intermediate calculations. Round your answer to the nearest cent. $

image text in transcribed model, what should be the company's stock price today (December 31, 2019)? Do not round intermediate calculations. Round your answer to the nearest cent. \$ per share Quantitative Problem 2: Hadley Inc. forecasts the year-end free cash flows (in millions) shown below. calculations. \$ per share According to the valuation models developed in this chapter, the value that an investor assigns to a share of stock is dependent on the length of time the investor plans to hold the stock. The statement above is Conclusions dividends. In principle, we should find the same intrinsic value using either model, but differences are often observed. process

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