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Suppose you are a portfolio manager considering buying XYZ Corporation's stock. You expect free cash flow next year to be $150,000 and growth to be

Suppose you are a portfolio manager considering buying XYZ Corporation's stock. You expect free cash flow next year to be $150,000 and growth to be 6.5% into the foreseeable future. The firm has $1.0 million in debt and $200,000 shares outstanding. If the company's weighted average cost of capital is 11.5%, what is the value of the firm's assets and its stock price today?

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