Question
Firms free cash flow will equal $25 million during the coming year and will grow at an annual rate of 7% for the foreseeable future.
Firm’s free cash flow will equal $25 million during the coming year and will grow at an annual rate of 7% for the foreseeable future. If the firm has $200 million of debt and 10 million shares outstanding, what is the current price per share? The WACC is 12%.
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Fundamentals of Corporate Finance
Authors: Richard Brealey, Stewart Myers, Alan Marcus
8th edition
77861620, 978-0077861629
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