Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. question 12 2 pts assume you own nnn corp. that ha

Question 12 2 pts Assume you own NNN Corp. that has $300 million in cash...

60.1K

Verified Solution

Question

Finance

image

Question 12 2 pts Assume you own NNN Corp. that has $300 million in cash and $900 million in debt. The company is generating free cash flow of $200 million per year starting this year and will grow at 7% per year for the foreseeable future. If the weighted average cost of capital is 12%, what is the firm's equity value per share if they have 100 million shares outstanding? $22.57/share O $28.57/share O $10.67/share $34.00/share $40.00/share O $31.00/share 2nte

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students