You are looking to calculate a price per share on Troy Inc. You have estimated the following

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You are looking to calculate a price per share on Troy Inc. You have estimated the following future free cash flows. The WACC is 7%, there are 15 million shares outstanding, the MV of debt and preffered stock is $1,350, and you believe the FCFs will grow at a constant 5% rate after year 5. Calculate the price per share using the corporate valuation model. Be sure to show all calculations.

Year	FCF (in millions)
1	$10.0
2	$12.5
3	$15.0
4	$20.0
5	$25.0

Related Book For answer-question

Financial Reporting Financial Statement Analysis and Valuation a strategic perspective

ISBN: 978-1337614689

9th edition

Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw

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Posted Date: Apr 09, 2024 12:37 PM

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Financial Reporting Financial Statement Analysis and Valuation a strategic perspective

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