Question: CORPORATE VALUATION Full Scampini Technologies is expected to generate $50 million in free cash flow next year, and FCF is expected to grow at a
CORPORATE VALUATION Full Scampini Technologies is expected to generate $50 million in free cash flow next year, and FCF is expected to grow at a constant rate of 4% per year indefinitely. Scampini has no debt or preferred stock, and its WACC is 12%. If Scampini has 60 million shares of stock outstanding, what is the stock's value per share? Round your answer to two decimal places. ), according to the corporate valuation model. Each share of common stock is worth $
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