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The most recent free cash flows of a firm were $15 million. They are expected to grow at a constant rate of 5% forever. The
The most recent free cash flows of a firm were $15 million. They are expected to grow at a constant rate of 5% forever. The firm has $60 million in debt, $6 million in preferred stock, and $10 million in marketable securities WACC is 10%. The firm has 10 million shares of stock outstanding. What would the market price per share for this firm be? $23.90 $27.10 $24.90 $26.10
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