Suppose Sora's revenue and free cash flow are expected to grow at a 5.7 % rate beyond year 4 and the weighted average cost of capital is 14.0 %. Sora maintained its cost of goods sold at 67% of sales. However, now suppose Sora reduces its selling, general, and administrative expenses from 20% of sales to 16% of sales. What stock price would you estimate now? 

Answer rating: 100% (QA)

Solution Here stock price in not given rather it is expressed in Percentage only there... View the full answer