Question 18 5 pts Petty Corporation forecasts a negative free cash flow for the coming...
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Question 18 5 pts Petty Corporation forecasts a negative free cash flow for the coming year, with FCF4 --$10 million, but it expects positive numbers thereafter, with FCF2 - $27 million. After Year 2, FCF is expected to grow at a constant rate of 4% forever. If the weighted average cost of capital is 14%, what is the firm's total corporate value, in millions? Your answer should be between 42.68 and 352.15, rounded to 2 decimal places, with no special characters. Question 19 5 pts Based on the corporate valuation model, SG Telecom's total corporate value is $750 million. Its balance sheet shows $100 million notes payable, $200 million of long-term debt, $40 million of common stock, and $160 million of retained earnings, with a WACC of 10%. If the company has 15 million shares of stock outstanding, what is its price per share? Your answer should be between 5.04 and 58.72. rounded to 2 decimal places, with no special characters
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