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Scampini Technologies is expected to generate $125 million in free cash flow next year, and FCF is expected to grow at a constant rate of

image text in transcribed Scampini Technologies is expected to generate $125 million in free cash flow next year, and FCF is expected to grow at a constant rate of 3% per year indefinitely. Scampini has no debt or oreferred stock, and its WACC is 15\%, and it has zero nonoperating assets. If Scampini has 45 million shares of stock outstanding, what is the stock's value per share? Do not round ntermediate calculations. Round your answer to the nearest cent. Each share of common stock is worth $ , according to the corporate valuation model

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