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Question 5 2 pts Citi Group (C)'s current annual FCFF is $4.80 per share, which is forecasted to be growing at 10 percent each year
Question 5 2 pts Citi Group (C)'s current annual FCFF is $4.80 per share, which is forecasted to be growing at 10 percent each year for the next 3 years. If starting from year 4, the FCFF growth rate declines to 4% immediately and it stays at 4 percent into perpetuity thereafter. Assuming Citi's estimated WACC is 12%, and Citi has $40/share debt outstanding, please compute the fair price of Citi stock today. $73.01 $43.05 $62.40 $33.01
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