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Widget Inc. is expected to have the following free cash flows: Year 1 2 3 4 5 FCF ($ Millions 22 27 32 36 38

Widget Inc. is expected to have the following free cash flows:

Year 1 2 3 4 5

FCF

($ Millions

22 27 32 36 38

A. Estimate Widget Inc. enterprise value

B. If Widget Inc. has 10 million in cash, 3 million in debt, and 10 million shares outstanding, what is there estimated share price?

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