Decker Tires current free cash flow FCF0 = $1.32 million. Analysts expect the company's free...

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Finance

Decker Tires current free cash flow FCF0 = $1.32 million. Analysts expect the company's free cash flow to grow by 30% this year, by 10% in Year 2, and at a constant rate of 5% in Year 3 and thereafter. The WACC for this company is 9.00%. Decker has no short-term investments and $20 million in debt and 1.5million shares outstanding. What is the best estimate of the stock's current intrinsic price?

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