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thank you +like Year1234 Free Cash Flow$12 million$18 million$22 million $26 million Conundrum Mining is expected to generate the above free cash flows over the
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Year1234 Free Cash Flow$12 million$18 million$22 million $26 million Conundrum Mining is expected to generate the above free cash flows over the next four years, after which they are expected to grow at a rate of 6% per year. If the weighted average cost of capital is 11% and Conundrum has cash of $85 million, debt of $70 million, and 30 million shares outstanding, what is Conundrum's expected current share price? O A. $18.93 OB. $23.29 O C. $14.56 OD. $24.02Step by Step Solution
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