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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 10%, its the end of year free cash flow (FCF) is expected to be 375$ million. And the FCF are expected to grow at a 20% rate for each of the next two years (t=2 and t=3). After t=3 the free cash flows are expected to grow forever at a constant rate of 5% per year. The firm has 450$ million of nonoperanding assets. The company has 338.43$ million in long term debt. No preferred stock. And it has 150 million shares in common stock outstanding. What is the firms estimated intrinsic value per share of common stock

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