The present value of JECK Co.'s expected free cash flows is $100 million. If JECK has $30

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The present value of JECK Co.'s expected free cash flows is $100 million. If JECK has $30 million in debt, $6 million in cash, and 2 million shares outstanding, what is its share price?

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Fundamentals of Corporate Finance

ISBN: 978-0133400694

1st canadian edition

Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford, David A. Stangeland, Andras Marosi

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Question Posted: Mar 31, 2017 02:24 PM

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The present value of JECK Co.s expected free cash flows is $100 million. If JECK has $30 million in debt, $6 million in cash, and 2 million shares outstanding, what is its share price?
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The present value of JECK Co.'s expected free cash flows is $100 million. If JECK has $30

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Plan Use Eq 919 to calculate the equity value and divide it by the number of shares outst...View the full answer

Fundamentals of Corporate Finance

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