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Quantitative Problem 2. Hadley Inc, forecasts the yeariend free cash fows (in millions) shown below. stock or any other cutstanding claims. There are 21 milion

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Quantitative Problem 2. Hadley Inc, forecasts the yeariend free cash fows (in millions) shown below. stock or any other cutstanding claims. There are 21 milion shares cutstanding. Nse, the frm has zero non-cseroting asiete. What is the value of the stock price today (Yaar o)? Rousd your answer to the nearest cent. Do not round intermedate caloulstiont. $ per share According to the valuation models developed in this chanter, the velue that an imvestor assigns to a share of stock is topendant on the lengith of time the ifivestor plans to hod the stode. The statement above if

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