Question 8 Homework. Unanswered A company is projected to generate free cash flows of $51 million per year for the next two years, after which it is projected grow at a steady rate in perpetuity. The company's cost of capital is 10.1%. It has $26 million worth of debt and $5 million of cash. There are 16 million shares outstanding. If the exit multiple for this company's free cash flows (EV/FCFF) is 13, what's your estimate of the company's stock price? Round to one decimal place. Numeric Answer: Unanswered 3 attempts left Submit Question 9 Homework. Unanswered A company is projected to generate free cash flows of $167 million next year and $199 million at the end of year 2, after which it is projected grow at a steady rate in perpetuity. The company's cost of capital is 11.4%. It has $143 million worth of debt and $63 million of cash. There are 24 million shares outstanding. If the exit multiple for this company's free cash flows (EV/FCFF) is 6.3, what's your estimate of the company's stock price? Round to one decimal place. Numeric Answer: Unanswered 3 attempts left Submit