Green Corporation expects to generate free-cash flows of $450,000 per year for the next three...
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Green Corporation expects to generate free-cash flows of $450,000 per year for the next three years. Beyond that time, free cash flows are expected to grow at a constant rate of 6 percent per year forever. If the firm's weighted average cost of capital is 12 percent, the market value of the firm's debt is $850,000, and Green has 600,000 shares of stock outstanding, what is the value of Green stock? a. 58.76 6.510.13 Oc Answer can not be found. d.59.28 e 51123
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