Based on a discounted free cash flow method, you have estimated the value of a company to be $720 million. The company has $145 million of long-term debt outstanding (common equity comprises the rest). There are 11.0 million shares of common stock outstanding. What is the firm's estimated value per share of common stock? 13.18 52.27 O 65.00 O 65.45 78.64

Based on a discounted free cash flow method, you have estimated the value of a company to be $720 million. The company has $145 million of long-term debt outstanding (common equity comprises the rest). There are 11.0 million shares of common stock outstanding. What is the firm's estimated value per share of common stock? 13.18 52.27 O 65.00 O 65.45 78.64

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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