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You have been assigned the task of using the corporate, or free cash flow, model to estimate Petry Corporation's intrinsic value. The firm's WACC is
You have been assigned the task of using the corporate, or free cash flow, model to estimate Petry Corporation's intrinsic value. The firm's WACC is its most recent year free cash flow is $ million, the FCFs are expected to grow at a constant rate of a year in the future, the company has $ million of longterm debt and $ million of preferred stock, and it has million shares of common stock outstanding. What is the firm's estimated intrinsic stock price per share of common stock?
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