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What is the price per share based on the equity free cash flow model? Year 1: Revenue: 630 Fixed costs: 120 Variable costs: 200 Additional

What is the price per share based on the equity free cash flow model?

Year 1:

Revenue: 630

Fixed costs: 120

Variable costs: 200

Additional investments in NWC: 10

Additional investments in operating long-term assets: 70

Depreciation: 60

Interest expenses: 35

Newly issued debt: 25

Principal repayment: 15

Cost of equity, Rs: 0.14

Corporate tax rate: 0.40

Growth rate per year:

From year 1 through year 5: 0.12

After year 5: 0.05

Market value:

Short-term debt: 100

Long-term debt: 600

Common Stock:

Market price per share: 18

Number of shares: 100

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