2-Partition Corp. is an all-equity firm with 5000000 shares outstanding. Partition Corp has $25000000 in...
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2-Partition Corp. is an all-equity firm with 5000000 shares outstanding. Partition Corp has $25000000 in cash and expects future free cash flows of $65000000 per year. The cost of capital of Partition Corp. s investments is 12%. What would be the price of the stock (ex-dividend) if Partition Corp. where to issue dividends with the excess cash?
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