You are given the following information below: FCF 0 = $300,000 Expected Annual Growth (g) = 3.0%
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Question:
You are given the following information below:
FCF0 = | $300,000 | |
Expected Annual Growth (g) = | 3.0% | |
WACC = | 10.00% | |
Value of Debt = | $1,000,000 | |
Amount of Preferred Stock = | $100,000 | |
Short-Term Investments = | $0 | |
Shares of Common Stock Outstanding = | 100,000 | |
What is the stock price? (Note: Use the Constant Growth FCF model.) |
Related Book For
Corporate Finance A Focused Approach
ISBN: 978-1305637108
6th edition
Authors: Michael C. Ehrhardt, Eugene F. Brigham
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