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The table above summarizes the financial information of General Motors for the fiscal year 2020. Its total assets are $235,194 million, and its total liabilities
The table above summarizes the financial information of General Motors for the fiscal year 2020. Its total assets are $235,194 million, and its total liabilities are $185,517 million. The free cash flows are estimated to grow at 4.5% for the first three years, and free cash flow after the 3rd grows at 1% permanently thereafter. GM has 1,433 million shares outstanding. What is the fundamental value of GM's common stock? (40 points)
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