Question
Question content area top Part 1 Year12345 Free Cash Flow$22 million$26 million$29 million$30 million$32 million General Industries is expected to generate the above free cash
Question content area top\ Part 1\ Year12345\ Free Cash Flow$22 million$26 million$29 million$30 million$32 million\ General Industries is expected to generate the above free cash flows over the next five years, after which free cash flows are expected to grow at a rate of % per year. If the weighted average cost of capital is % and General Industries has cash of million, debt of million, and 80 million shares outstanding, what is General Industries' expected current share price?
Question content area top\ Part 1\ Year12345\ Free Cash Flow$22 million$26 million$29 million$30 million$32 million\ General Industries is expected to generate the above free cash flows over the next five years, after which free cash flows are expected to grow at a rate of % per year. If the weighted average cost of capital is % and General Industries has cash of million, debt of million, and 80 million shares outstanding, what is General Industries' expected current share price?
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Investment Science
Authors: David G. Luenberger
2nd Edition
0199740089, 978-0199740086
