Question: answer to 4 decimal places Question 32 5 pts Smith Technologies is expected to generate $125 million in free cash flow next year, and FCF

answer to 4 decimal places
Question 32 5 pts Smith Technologies is expected to generate $125 million in free cash flow next year, and FCF is expected to grow at a constant rate of 3.9% per year indefinitely. Smith has no debt or preferred stock, and its WACC is 5.9%. If Smith has 59 million shares of stock outstanding, what is the stock's value per share
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
