Question: (Please use a math, finance equation and/ or formula and a step by step process. DONT USE A SHEET CHART, EXCEL, OR GRAPH) 15. Dantzler
(Please use a math, finance equation and/ or formula and a step by step process. DONT USE A SHEET CHART, EXCEL, OR GRAPH)
15. Dantzler Corporation is a fast-growing supplier of office products. Analysts project the following free cash flows [-11,17,45] (FCFs) during the next 3 years, after which FCF is expected to grow at a constant 5% rate. WACC is 11%
a. What is value of operating assets?
b. What is the stock price, if Dantzler has $112.60 of debt, zero non-operating assets, and $25 million shares of stock. What is the stock price.
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