Question: Question 4 (1 point) Sims Manufacturing is expected to generate $195 million in free cash flow next year, and FCF is expected to grow at

 Question 4 (1 point) Sims Manufacturing is expected to generate $195

Question 4 (1 point) Sims Manufacturing is expected to generate $195 million in free cash flow next year, and FCF is expected to grow at a constant rate of 7% per year indefinitely. Sims has no debt or preferred stock, and its required rate of return is 9%. f Sims has 65 million shares of common stock outstanding, what is the stock's value per share? (Answer to the nearest cent. i.e. one thousand dollars would be entered 1000.00)

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