Use the following information for the next five questions: Reeve Company is a privately held company in a growing industry. The company is expected to produce free cash flows of $15 million in one year, $20 million in two years, and $28 million in three years. After three years, free cash flow will grow at a rate of 5%. The company's balance sheet shows $80 million in accounts receivable, $60 million in inventory, and $100 million in short-term investments that are unrelated to operations. The balance sheet also shows $90 million in accounts payable, $120 million in notes payable, $300 million in long-term debt, $50 million in preferred stock, $180 million in retained earnings, and $800 million in total common equity. The company also paid $30 million interest expenses. Its WACC is 10% and it currentiv has 10 million shares of stock

What is Reeve Company's Horizon Value in Smillion? 588 616 560 508

What is Reeve Company's Value from Operations? 492.98 417.84 477.95 402.82 515.51 442

Question 18 (4 points) What is Reeve Company's current total value in Smillion? 822.98 732.98 492.98 592.98 1,002.98

What is Reeve Company's current total value in Smillion? 822.98 732.98 492.98 592.98 1,002.98

What is Reeve Company's Market Value of Equity? 174.31 122.98 275.46 181.62 362.98

Based on the corporate valuation model. what is the best estimate of the stock's price per share? 24.3 3.3 12.3 29.3 17.3