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Question 8 1 Point A company had free cash flows of $406 million last year. Free cash flows are expected to grow at 2.4% per

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Question 8 1 Point A company had free cash flows of $406 million last year. Free cash flows are expected to grow at 2.4% per year. The WACC for the firm is 8.9%. They currently have $2.2 billion in debt outstanding, and have 267 million common stock outstanding. The company does not have any preferred stock. What is the estimate of the stock price based on the firm valuation model? Add your

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