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Using a multi-growth free cash flow model (MGF model), where free cash flows grow at the rate g s for n=4 years then at a

Using a multi-growth free cash flow model (MGF model), where free cash flows grow at the rate g s for n=4 years then at a constant rate g thereafter, what is the intrinsic value per share for Acme common stock given the following information?:

Item

Shares outstanding: 5,691

NCF_op: 80,851

NetCapEx: 11,014

STI: 20,625

LTI: 195,461

STD: 11,942

LTD: 54,617

g s:9.04 %

g: 4.44 %

WACC: 10.25 %

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