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Suppose Company X is NOT expected to generate any free cash flows over the next 4 years. At the end of year 5. Company X

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Suppose Company X is NOT expected to generate any free cash flows over the next 4 years. At the end of year 5. Company X will finally generate a free cash flows of $475 million which is then expected to grow at a rate of 8.00% per year forever. Company X has $70 million of debt, cash of $120 million, and 140 million shares outstanding. With a weighted average cost of capital of 14.00%, what is an estimate of Company X's current stock price per share? $33.84 $3484 O $29.73 $56.90

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