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Use the information to answer the following questions. Analysts project the following free cash flows (FCFs) for Ezzell Corporation during the next 3 years, after
Use the information to answer the following questions. Analysts project the following free cash flows (FCFs) for Ezzell Corporation during the next 3 years, after which FCF is expected to grow at a constant 4\\% rate. Ezzell's WACC is \9. Ezzell has \\( \\$ 120 \\) in debt and 40 shares of stock. What is Ezzell's terminal (horizon) value? \\( \\$ 1272 \\) \\( \\$ 954 \\) \\( \\$ 663 \\) \\( \\$ 624 \\) \\( \\$ 875 \\) Continued from previous question. What should be the current price of Ezzell's stock? \\( \\$ 12.98 \\) \\( \\$ 14.67 \\) \\( \\$ 8.22 \\) \\( \\$ 11.22 \\) \\( \\$ 9.37 \\)
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