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Questions Homework Unanswered A company is projected to have a free cash flow of $400 million next year, growing at a 5.0% rate until the

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Questions Homework Unanswered A company is projected to have a free cash flow of $400 million next year, growing at a 5.0% rate until the end of year 3. After that, cash flows are expected to grow at a stable rate of 2.5%. The company's cost of capital is 11.5%. The company owes $100 million to lenders and has $13 million in cash. If it has 250 million shares outstanding, what is your estimate for its stock price? Round to one decimal place

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