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round to 4 decimals please Smith Technologies is expected to generate $137 million in free cash flow next year, and FCF is expected to grow
round to 4 decimals please 
Smith Technologies is expected to generate $137 million in free cash flow next year, and FCF is expected to grow at a constant rate of 3% per year indefinitely. Smith has no debt or preferred stock, and its WACC is 7.4%. If Smith has 73 million shares of stock outstanding, what is the stock's value per share Step by Step Solution
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Handbook Of The Economics Of Finance
Authors: George M. Constantinides, Milton Harris, Rene M. Stulz
1st Edition
044459406X, 978-0444594068
