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round to 2 decimal places Question 29 5 pts Assume that today is December 31,2018 and that the following information applies to Vermeil Airlines: After-tax

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round to 2 decimal places
Question 29 5 pts Assume that today is December 31,2018 and that the following information applies to Vermeil Airlines: After-tax operating income (EBIT(1 - T)] for 2019 is expected to be $524 million The depreciation expense is expected to be $120 million. The capital expenditures are expected to be $184 million. No change is expected in net operating working capital. The free cash flow is expected to grow at a constant rate of 3.9% per year. The required return on equity is 13.8%. The WACC is 10.9%. The market value of the company's debt is $2.4 billion. 132 million shares of stock are outstanding, Using the corporate valuation model approach, what should be the company's stock price today

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