Question: can you do this for me ilt automatically save as you proceed through the test. Atswers typed in all of the blanks will be automutically

ilt automatically save as you proceed through the test. Atswers typed in all of the blanks will be automutically saved. 8. x. River Enterprises has $500 million in debt and 20 miltion shares of equity outstanding, Its excess cash reserves are $15 million. They are expected to generate $200 million in free cash flows next year with a growth rate of 2% per year in perpetuity. River Enterprises' weighted average cost of capital is 12%. After analyzing the company, you believe that the growth rate should be 3% instead of 2%. What is the estimated price per share at a 3% growth rate? What is the extimated price per share at a 2% growth rate? How much higher (in dollars) would the price per share be if you are right? (Difference in price)
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