Question: Can someone help me with this problem? Scampini Technologies is expected to generate $75 million in free cash flow next year, and FCF is expected

Can someone help me with this problem?
 Can someone help me with this problem? Scampini Technologies is expected

Scampini Technologies is expected to generate $75 million in free cash flow next year, and FCF is expected to grow at a constant rate of 6% per year indefinitely. Scampini has no debt or preferred stock, and its WACC is 12%, and it has zero nonoperating assets. If Scampini has 65 million shares of stock outstanding, what is the stock's value per share? Do not round intermediate calculations. Round your answer to the nearest cent. Each share of common stock is worth $ according to the corporate valuation model. Hide Feedback Incorrect

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!