Question
Please keep 2 decimal points for your answers, except for rates. For rates, please keep 4 decimal points (e.g., 0.1234). Free cash flow to ABC
Please keep 2 decimal points for your answers, except for rates. For rates, please keep 4 decimal points (e.g., 0.1234).
Free cash flow to ABC Co. is projected to be $1.6 billion next year and is expected to grow by 2% annually thereafter. If the WACC is 6%, Debt = Cash = $3 billion, and shares outstanding is 400 million (e.g., 0.4 billion), what is your estimate of the stock price per share?
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Economics For Financial Markets
Authors: Brian Kettell
1st Edition
0750653841, 978-0750653848
