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Sora Industries has 64 million outstanding shares, $128 million in debt, $40 million in cash, and the following projected free cash flow for the next
Sora Industries has 64 million outstanding shares, $128 million in debt, $40 million in cash, and the following projected free cash flow for the next four years. Click the icon to view the projected free cash flows. Complete parts a through d. a. Suppose Sora's revenue and free cash flow are expected to grow at a 3.7% rate beyond year four. If Sora's WACC is 12.0%, what is the value of Sora stock based on this information? The stock price for this case is $ (Round to the nearest cent.)
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