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You estimate the following free-cash-flow (FCF) data for DataCo. The firms long-term FCF growth is expected to be 4% per year after year three and
You estimate the following free-cash-flow (FCF) data for DataCo. The firms long-term FCF growth is expected to be 4% per year after year three and the firms WACC is 11%. The firm has no debt and 5 million shares outstanding. Using the corporate valuation model, what is the intrinsic price of one share of DataCo? (Round at the end)
Cash Flows: Year 1 $2.00, Year 2 $8.00, Year 3 18$
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