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Suppose Company X is NOT expected to generate any free cash flows over the next 10 years. At the end of year 11, Company
Suppose Company X is NOT expected to generate any free cash flows over the next 10 years. At the end of year 11, Company X will finally generate a free cash flows of $150 million which is then expected to grow at a rate of 6.00% per year forever. Company X has $64 million of debt, cash of $110 million, and 140 million shares outstanding. With a weighted average cost of capital of 13.00%. what is an estimate of Company X's current stock price per share? O $4.32 $4.84 $15.63 O $5.75
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