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You must estimate the intrinsic value of Noe Technologies' stock. The end-of-year free cash flow (FCF) is expected to be $20.00 million, and it is

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You must estimate the intrinsic value of Noe Technologies' stock. The end-of-year free cash flow (FCF) is expected to be $20.00 million, and it is expected to grow at a constant rate of 7.0% a year thereafter. The company's WACC is 12.0%, it has $125.0 million of long-term debt plus preferred stock outstanding, and there are 18.0 million shares of common stock outstanding. Assume the firm has zero non-operating assets, What is the firm's estimated intrinsic value per share of common stock? Do not round intermediate calculations. 0.529 .17 b. 52222 c. $1683 d. $17.94 e. 51528 You must estimate the intrinsic value of Noe Technologies' stock. The end-of-year free cash flow (FCF) is expected to be $20.00 million, and it is expected to grow at a constant rate of 7.0% a year thereafter. The company's WACC is 12.0%, it has $125.0 million of long-term debt plus preferred stock outstanding, and there are 18.0 million shares of common stock outstanding. Assume the firm has zero non-operating assets, What is the firm's estimated intrinsic value per share of common stock? Do not round intermediate calculations. 0.529 .17 b. 52222 c. $1683 d. $17.94 e. 51528

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