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Please help im upvoting A stock has no dividends. The last period's FCFF is $5.09 and it has an estimated annual free cash flow growth
Please help im upvoting
A stock has no dividends. The last period's FCFF is $5.09 and it has an estimated annual free cash flow growth rate of 7.7%. The WACC for this stock is 9.2% and its long term growth rate is 2.46%. It also has an ROE of 15.7%. You also found out that the firm has debt per share of $26.85. What it the estimated intrinsic value using the constant state FCFF method? State your answer as a dollar amount with two decimal places and use the adjusted method as shown in the textbookStep by Step Solution
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