Question
The free cash flow to the firm is $300 million in perpetuity, the cost of equity equals 18% and the WACC is 16%. If the
The free cash flow to the firm is $300 million in perpetuity, the cost of equity equals 18% and the WACC is 16%. If the market value of the debt is $1,000 million and there are 122 million shares outstanding, what is the value of a share of stock?
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Bond Markets Analysis and Strategies
Authors: Frank J.Fabozzi
9th edition
133796779, 978-0133796773
