Question: Question 8 (2 points) A firm expects to generate $100 million in free cash flow in a year. This free cash flow is expected to
Question 8 (2 points) A firm expects to generate $100 million in free cash flow in a year. This free cash flow is expected to grow at a constant annual rate of 5%. The firm has a 13% cost of capital, $321 million of debt, and 20 million shares of common stock outstanding. Compute the value of the firm's common stock (to the nearest dollar). Your
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