Estimate the firm's stock price using the information below Estimated FCFF 14 million every year, forever WACC
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Question:
Estimate the firm's stock price using the information below | ||||
Estimated FCFF | 14 | million every year, forever | ||
WACC | 12.1% | |||
Short-term investments | 2 | million | ||
Debt | 32 | million | ||
Preferred stock | 8 | million | ||
Shares of common stock | 5.1 | million | ||
SHOW WORK HERE, HIGHLIGHT FINAL ANSWER IN YELLOW | ||||
Estimate the firm's stock price using the information below | ||||
Current period dividend | 8.90 | dollars per share | ||
Required return on equity | 20% | |||
Constant growth rate (g) | 2% | |||
Shares of common stock | 122 | million | ||
SHOW WORK HERE, HIGHLIGHT FINAL ANSWER IN YELLOW | ||||
Related Book For
Intermediate Financial Management
ISBN: 978-1285850030
12th edition
Authors: Eugene F. Brigham, Phillip R. Daves
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