Question: Question 29 5 pts Smith Technologies is expected to generate $154 million in free cash flow next year, and FCF is expected to grow at

Question 29 5 pts Smith Technologies is expected to generate $154 million in free cash flow next year, and FCF is expected to grow at a constant rate of 3% per year indefinitely. Smith has no debt or preferred stock, and its WACC is 6.5%. If Smith has 62 million shares of stock outstanding, what is the stock's value per share
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
