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River Enterprises has $ 5 0 4 million in debt and 1 8 million shares of equity outstanding. Its excess cash reserves are 1 7
River Enterprises has $ million in debt and million shares of equity outstanding. Its excess cash reserves are million. They are expected to generate $ million in free cash flows next year with a growth rate of per year in perpetuity. River Enterprises' cost of equity capital is After analyzing the company, you believe that the growth rate should be instead of How much higherin dollars would the price per share be if you are right?
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