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You must estimate the intrinsic value of Noe Technologies' stock. The end - of - year free cash flow ( F C F 1 )
You must estimate the intrinsic value of Noe Technologies' stock. The endofyear free cash flow is expected to be $ million, and it is expected to grow at a constant rate of a year thereafter. The company's WACC is it has $ million of longterm debt plus preferred stock outstanding, and there are million shares of common stock outstanding. Assume the firm has zero nonoperating assets. What is the firm's estimated intrinsic value per share of common stock? Watch your rounding.
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