Question: Year 2 3 5 Free Cash Flow $22 million $26 million 529 million S30 million $32 million General Industries is expected to generate the above
Year 2 3 5 Free Cash Flow $22 million $26 million 529 million S30 million $32 million General Industries is expected to generate the above free cash flows over the next five years, after which free cash flows are expected to grow at a rate of 4% per year. If the weighted average cost of capital is 10% and General Industries has cash of $15 million dobt of 545 million, and Bo million shares outstanding, what is General Industries' expected current share price? OA $5 23 OB $7.84 C$6.27 D. $5.49
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