Question: Now its time for you to practice what youve learned. The following table shows projected free cash flows for the next four years for Quick

Now its time for you to practice what youve learned.

The following table shows projected free cash flows for the next four years for Quick Sky Corp., a company producing wind turbines.

Year

Free Cash Flow

(Millions of dollars)
1 0.95
2 1.02
3 1.09
4 1.17

After the four year period, Quick Sky is expected to grow at a constant rate of 7% and its WACC is 11%. Quick Sky has $20 million of debt and $225 million shares of stock outstanding.

Quick Skys value today is ? and the price per share today is?

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