Question: Paramount Enterprises is expected to generate $ 1 4 5 million in free cash flow next year and FCF is expected to grow at a

Paramount Enterprises is expected to generate $145 million in free cash flow next year and FCF is expected to grow at a constant rate of 6% per year indefinitely. Paramount has no debt or preferred stock and its WACC is 12%. If Paramount has 50 million shares of stock outstanding, what is the stocks value per share?

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