Glowy Corp has forecasted a negative free cash flow for the coming year of RM-10million....
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Finance
Glowy Corp has forecasted a negative free cash flow for the coming year of RM-10million. Howeve it forecast a positive number the following year of RM25million. After year 2, the free cash flows is expected to grow at a constant rate of 4%. The WACC is 14%.
What is the firm's total market value?
The firm's total market value is RM [ ] million
Assume that the firm is funded by 100% equity, and the outstanding number of stock is 20 million, what is the firm's per share value?
The firm's per share value is RM [ ]
(Round your answer to 2 decimal points).
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