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You are a stock analyst assigned to follow Ithica Deepwater Kayaks, Inc. (whose ticker is IDK). You expect the year-end free cash flow (FCF1) to

image text in transcribed You are a stock analyst assigned to follow Ithica Deepwater Kayaks, Inc. (whose ticker is IDK). You expect the year-end free cash flow (FCF1) to be $27.50 million, and it is expected to grow at a constant rate of 7.0% indefinately. The company's WACC is 10.0%, it has $125.0 million of longterm debt and no preferred stock outstanding, and there are 15.0 million shares of common stock outstanding. What is the IDK's estimated intrinsic value per share of common stock? You are a stock analyst assigned to follow Ithica Deepwater Kayaks, Inc. (whose ticker is IDK). You expect the year-end free cash flow (FCF1) to be $27.50 million, and it is expected to grow at a constant rate of 7.0% indefinately. The company's WACC is 10.0%, it has $125.0 million of longterm debt and no preferred stock outstanding, and there are 15.0 million shares of common stock outstanding. What is the IDK's estimated intrinsic value per share of common stock

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