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Question 7 (2 points) Saved Year 0 2 3 FCF ($ millions) $20 $30 $40 (Hard) Dozier Corporation is a fast-growing supplier of office products.

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Question 7 (2 points) Saved Year 0 2 3 FCF ($ millions) $20 $30 $40 (Hard) Dozier Corporation is a fast-growing supplier of office products. Analysts project the attached free cash flows (FCFS) during the next 3 years, after which FCF is expected to grow at a constant 7% rate. Dozier's WACC is 13%. Suppose Dozier has $100 million of debt and 10 million shares of stock outstanding. What is your estimate of the current price per share (stock price)? A) $41.24 B) $40.38 C) $39.86 D) $42.01 E) $42.79

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