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Using the Free Cash Flow to Equity Model, compute the value of ABC Stock given the information below: Net Income = 6500 Capital Expenditures =

Using the Free Cash Flow to Equity Model, compute the value of ABC Stock given the information below:

Net Income = 6500

Capital Expenditures = 1700

Depreciation = 500

Change in Net Working Capital = +750

Bonds Issued = 1260

Bonds Retired = 1000

Required Rate of Return = 19%

Long-term Growth Rate = 5%

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