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Suppose FCFF = $1 mil for years 1-4 and then is expected to grow at a rate of 3%. Assume WACC = 15%. If 500,000

Suppose FCFF = $1 mil for years 1-4 and then is expected to grow at a rate of 3%. Assume WACC = 15%. If 500,000 shares are outstanding, what is the predicted price of this stock if the firm has $5,000,000 of debt?

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