Question: EBay does not pay dividends. They are expected to have free cash flow of $2,389.5 million next year (FCF1). Assume their expected growth rate in

EBay does not pay dividends. They are expected to have free cash flow of $2,389.5 million next year (FCF1). Assume their expected growth rate in FCF is 4% per year forever and the discount rate is 8%. If their total debt is $8,137 million and there are 680.4 million shares of stock outstanding, what is the value of one share of stock?

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