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Q8 . Assume the estimated free cash flow per share is -$1. Assuming the discount rate is 10% and the growth rate is zero. In

Q8. Assume the estimated free cash flow per share is -$1. Assuming the discount rate is 10% and the growth rate is zero. In this case, the fair value of the stock is

a. -$10 (it is worth below zero in the market)

b. even less than -$10.

c. more than $10

d. Zero; worth nothing.

Any help would be appreciated thank you!

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