Question: Question 5 (1 point) Sims Manufacturing is expected to generate $100 million in free cash flow next year, and FCF is expected to grow at

 Question 5 (1 point) Sims Manufacturing is expected to generate $100

Question 5 (1 point) Sims Manufacturing is expected to generate $100 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 11%. If Sims has 25 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). Your Answer: Answer Question 6 (1 point) Jamison Insurance's stock currently sells for $15.50 a share. It just paid a dividend of $1.80 a share (that is, Do=$1.80). The dividend is expected to grow at a constant rate of 6.25% a year. What is the expected rate of return? (Answer as a percent with 2 decimal places. For example, 10 percent should be entered as 10.00. Do not use the % sign.) Your

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