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portage Bay Enterprises has $1 million in excess cash, no debt, and is expected to have free cash flow of $9 million next year. it's
portage Bay Enterprises has $1 million in excess cash, no debt, and is expected to have free cash flow of $9 million next year.
it's FCF is then expected to grow at a rate of 2% per year for our room if portage pays equity cost of capital is 10% and it has 5 million shares outstanding
what is the price of portage Bay stock per share?? (please round to nearest cent)
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Money Talks Explaining How Money Really Works
Authors: Nina Bandelj ,Frederick F. Wherry ,Viviana A. Zelizer
1st Edition
0691202893, 978-0691202891
