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You have valued the operating assets of Hopscotch Entertainment, a small movie company, and arrived at a present value of $1996 million (by discounting FCFF
You have valued the operating assets of Hopscotch Entertainment, a small movie company, and arrived at a present value of $1996 million (by discounting FCFF at the cost of capital). The company has net debt of $371 million and 137 million shares outstanding. The company also has 13 million options outstanding, and you have valued each option at $2/option. The company also has 16 million restricted shares (not included in the current share count) Estimate the value per share = ?
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