Giant Industry Inc.  (GII) just reported a free cash flow of $740 million. Their CFO expects cash flow to grow at 3.5% for the foreseeable future. You determine that an appropriate rate of return for HGC is 9.0%. If GII has 125 million shares outstanding, what is the fair value per share of GII?

If GII has $6.0 billion in interest-bearing debt, what is its enterprise value?

Answer rating: 100% (QA)

To calculate the fair value per share of GII we can use the following ... View the full answer