The present value of JECK Co.s expected free cash flows is $100 million. If JECK has $30

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The present value of JECK Co.’s expected free cash flows is $100 million. If JECK has $30 million in debt, $6 million in cash, and 2 million shares outstanding, what is its share price?

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Fundamentals of Corporate Finance

ISBN: 978-0132148238

2nd edition

Authors: Berk, DeMarzo, Harford

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Question Posted: Jan 14, 2012 02:11 AM

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The present value of JECK Co.'s expected free cash flows is $100 million. If JECK has $30 million in debt, $6 million in cash, and 2 million shares outstanding, what is its share price?
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The present value of JECK Co.s expected free cash flows is $100 million. If JECK has $30

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Plan Use Eq 104 to calculate the equity value and divide it by the number of shares outs...View the full answer

Fundamentals of Corporate Finance

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