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Rexton Oil is an all - equity firm with 2 0 million of shares outstanding. Rexton currently has a cash flow of $ 1 0
Rexton Oil is an allequity firm with million of shares outstanding. Rexton currently has a cash flow of $ Million of USDs and expects future free cash flows of $ Millions per year. Management plans to use the cash to expand the firm's operations, which will in turn increase future cash free cash flows to $ Millions per year. If the cost of capital of Rexton's investments is calculate the stock price for the company if the expansion where to happen. Note: Express your answers in strictly numerical terms.
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