Question: Amount Total book value of equity ( $ millions ) 3 4 , 4 0 4 Current portion of long - term debt ( $

Amount
Total book value of equity ($ millions)34,404
Current portion of long-term debt ($ millions)4,233
Long-term debt reported in long-term liabilities ($ millions)73,287
WACC for firm A 13.02%
Expected growth rate for FCFFs after 2 years from now 3.06%
Cash ($ millions)6,187
Total book value of assets ($ millions)36,294
Expected free cash flow to the firm in 1 year ($ millions)9,783
Number of share outstanding as of valuation date (in millions)1,052.4
Expected free cash flow to the firm in 2 years ($ millions)14,315
Short-term debt ($ millions)2,462
What is the price per share of Firm A stock based on the discounted cash flow (DCF) method of valuation?

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