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You must estimate the intrinsic value of Gallovits Technologies' stock. Gallovits's free cash flow (FCF) for next year is expected to be $25 million, and

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You must estimate the intrinsic value of Gallovits Technologies' stock. Gallovits's free cash flow (FCF) for next year is expected to be $25 million, and it is expected to grow at a constant rate of 8.5% a year thereafter. The company's WACC is 11%.Gallovits has $200 million of long-term debt plus preferred stock, and there are 30 million shares of common stock outstanding. What is Gallovits's estimated intrinsic value per share of common stock? O $28.00 O $25.33 O $22.67 $24.00 $26.67

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