Question
Suppose the free cash flow to the firm is expected to be $1 mil for year 1 and $2 mil for year 2. Then it
Suppose the free cash flow to the firm is expected to be $1 mil for year 1 and $2 mil for year 2. Then it is expected to grow at a rate of 3% per year. Assume WACC = 15%. If 500,000 shares of stock are outstanding, what is the predicted price of this stock if the firm has $5 mil of debt?
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Of Synthetic Finance Three Essays Of Speculative Materialism
Authors: Benjamin Lozano
1st Edition
1138790842, 978-1138790841
