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Widget Corp. is expected to generate a free cash flow ( FCF ) of $ 1 2 , 7 2 5 . 0 0 million
Widget Corp. is expected to generate a free cash flow FCF of $ million this year FCF $ million and the FCF is expected to grow at a rate of over the following two years FCF and FCF After the third year, however, the FCF is expected to grow at a constant rate of per year, which will last forever FCF Assume the firm has no nonoperating assets. If Widget Corp.s weighted average cost of capital WACC is what is the current total firm value of Widget Corp.? Note: Round all intermediate calculations to two decimal places. $ million $ million $ million $ million Widget Corp.s debt has a market value of $ million, and Widget Corp. has no preferred stock. If Widget Corp. has million shares of common stock outstanding, what is Widget Corp.s estimated intrinsic value per share of common stock? Note: Round all intermediate calculations to two decimal places. $ $ $ $
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