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Business, 25.06.2019 20:10 nae467

Smith technologies is expected to generate $150 million in free cash flow (fcf) next year, and fcf is expected to grow at a constant rate of 5% per year indefinitely. smith has no debt or preferred stock, and its wacc is 10%. if smith has 50 million shares of stock outstanding, what is the stock's value per share?

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