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The Chase Corporation is expected to have the following free cash flows for the next five years. Cash flow figures are in millions. 5 Year

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The Chase Corporation is expected to have the following free cash flows for the next five years. Cash flow figures are in millions. 5 Year 1 2 3 -$8 $20 $28 $15 $10 Cash Flow After that, free cash flow is expected to grow at a constant rate of 4% per year. If Chase has $2milion in non-operating assets, $4million in debt and preferred stock, and 4 milion shares outstanding, what is the current price of a share of Chase stock if their required retum is 10%? Stop sharing O $115.96 trom is sharing your screen Su Emal 1936 Cash Flow $10 $15 -$8 $20 $28 After that, free cash flow is expected to grow at a constant rate of 4% per year. If Chase has $2million in non-operating assets, $4million in debt and preferred stock, and 4 million shares outstanding, what is the current price of a share of Chase stock if their required return is 10%? O $115.96 O $92.06 $86.97 O $86.47

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