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You are using the FCF approach to find the stock price of Further to Fly. The most recent FCF of the company has been $4.5
You are using the FCF approach to find the stock price of Further to Fly. The most recent FCF of the company has been $4.5 million and it is expected to grow by 5% each year. If the appropriate cost of capital is 10% and the total liabilities of the firm are \$10 million, what should be the stock price apiece? There are 5 million shares outstanding. $45.00. $18.90. $90.00. $36.90. $16.90. $37.80. $73.80
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