P10-5 (similar to) Question Help River Enterprises has 500 million in debt and 19 million...
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P10-5 (similar to) Question Help River Enterprises has 500 million in debt and 19 million shares of equity outstanding. Its exo cash reserves $17 milion. They are expected to genere $10 millonin free closest yow with a growth rate of 2% per your in perpetuty River Enterprises cost of equity capital is 12% Alter analyeng the company you believe that the growth rate should be instead of 2. How much higher in dollars) would the price per share be you are right? the growth rate 2%, the price per shures. Round to the nearest cert)
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