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You expect future free cash flow (FCF) of a company to grow at a contstant rate g. Given the FCF for the most recent year,

You expect future free cash flow (FCF) of a company to grow at a contstant rate g. Given the FCF for the most recent year, the market value of debt, and the number of shares outstanding, what is the value for a share of common stock?

FCF₀$5,000,000

shares 8,000,000

g 4.25%

MV_Debt$1,500,000

WACC 11.00%

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