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nico corporation expects to generate free cash flows of $200,000 per year for the next five years. Beyond that time, free cash flows are expected
nico corporation expects to generate free cash flows of $200,000 per year for the next five years. Beyond that time, free cash flows are expected to grow at a constant rate of 5% per year forever. If the firm's average cost of capital is 15%, the market value of the firms debt is $500K and nico has 500000 shares of stock outstanding. what is the value of nicos stock?
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