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Smith and T Co . is expected to generate a free cash flow ( FCF ) of $ 1 0 , 0 0 5 .
Smith and T Co is expected to generate a free cash flow FCF of $ million this year FCF $ million and the FCF is expected to grow at a rate of over the following two years FCF and FCF After the third year, however, the FCF is expected to grow at a constant rate of per year, which will last forever FCF Assume the firm has no nonoperating assets. If Smith and T Cos weighted average cost of capital WACC is what is the current total firm value of Smith and T CoNote: Round all intermediate calculations to two decimal places.
$ million
$ million
$ million
$ million
Smith and T Cos debt has a market value of $ million, and Smith and T Co has no preferred stock. If Smith and T Co has million shares of common stock outstanding, what is Smith and T Cos estimated intrinsic value per share of common stock? Note: Round all intermediate calculations to two decimal places.
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$
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