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please show work in excel. Thanks! A company is expected to have free cash flow of $400,000 next year. Cash flows are expected to grow
please show work in excel. Thanks!
A company is expected to have free cash flow of $400,000 next year. Cash flows are expected to grow at 11% per year for the next four years (years 2-5). After year 5, the free cash flow is projected to grow at 2% indefinitely. The firm currently has $1 million in debt, 200,000 shares outstanding, and a WACC of 9.5%.What is the value of the firm? ($7,123,117) What is the price per share of the company's stock? ($30.62)Step by Step Solution
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