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Present value of after-tax free cash flows $1,100 Market value of Long Term Debt $600 Shares Outstanding 100 Using the DCF approach, the fair share
Present value of after-tax free cash flows | $1,100 |
Market value of Long Term Debt | $600 |
Shares Outstanding | 100 |
Using the DCF approach, the fair share price would be:
Group of answer choices
$11.00
$9.00
$7.00
$5.00
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