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You have been assigned the task of using the corporate or free cash flow model to estimate the companies intrinsic value. The firms WACC is
You have been assigned the task of using the corporate or free cash flow model to estimate the companies intrinsic value. The firms WACC is its the end of year free cash flow FCF is expected to be $ million. And the FCF are expected to grow at a rate for each of the next two years t and t After t the free cash flows are expected to grow forever at a constant rate of per year. The firm has $ million of nonoperanding assets. The company has $ million in long term debt. No preferred stock. And it has million shares in common stock outstanding. What is the firms estimated intrinsic value per share of common stock
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