Portage Bay Enterprises has $2 million in excess cash, no debt, and is expected to have free cash flow of $11 million next year. Its FCF is then expected to grow at a rate of 2% per year forever. If Portage Bay's equity cost of capital is 12% and it has 8 million shares outstanding, what should be the price of Portage Bay stock? 4 CRIED The price of Portage Bay's stock is $ per share. (Round to the nearest cent.)
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- Portage Bay Enterprises has $4 million in excess cash, no debt, and is expected to have free cash flow of $11 million next year. Its FCF is then expected to grow at a rate of 4% per year forever. If Portage Bay's equity cost of capital is 10% and it has 5 million shares outstanding, what should be the price of Portage Bay stock? The price of Portage Bay's stock is $ per share. (Round to the nearest cent.)NoGrowth Corporation currently pays a dividend of $2.00 per year, and it will continue to pay this dividend forever. What is the price per share if its equity cost of capital is 15% per year? The price per share if its equity cost of capital is 15% per y ear is $_______ (Round to the nearest cent.)Portage Bay Enterprises has $1 million in excess cash, no debt, and is expected to have free cash flow of $ 9 million next year. Its FCF is then expected to grow at a rate of 3% per year forever. If Portage Bay's equity cost of capital is 13% and it has 8 million shares outstanding, what should be the price of Portage Bay stock?
- Portage Bay Enterprises has no debt, $1.2 million in cash, and is expected to have free cash flow of $14 million next year. It is then expected to grow at a rate of 2% per year forever. If Portage Bay's equity cost of capital is 13% and it has 8 million shares outstanding, what should the price of Portage Bay's stock be? The price of Portage Bay's stock is $129.81 per share. (Round to the nearest cent.)K Portage Bay Enterprises has 54 million in excess cash, no debt, and is expected to have free cash flow of $15 milion next year Its FCF is then expected to grow at a rate of 2% per year forever. If Portage Bay's equity cost of capital is 13% and it has 6 million shares outstanding, what should be the price of Portage Bay stock? The price of Portage Bay's stock is Sper share (Round to the nearest cent) CITTCXYZ corporation is expecting free cash flow of $100 million next year, and it will grow by 3% per year indefinitely afterward. XYZ’s discount rate is 12%. XYZ has $300 million worth of long term bonds outstanding, and 10 million shares of stock outstanding. What is a fair value for a share of XYZ? Do not include the $ sign and answer to the nearest $0.01.
- Summit Systems will pay an annual dividend of $1.48 this year. If you expect Summit's dividend to grow by 5.3% per year, what is its price per share if the firm's equity cost of capital is 11.6%? The price per share is $ (Round to the nearest cent) CZONBH Corp's free cash flow to equity holders is expected to be $114 million for years 1-3 and is projected to grow at a rate of 2% afterwards. There are 20 million shares of equity outstanding. What is the predicted price of the stock if the cost of equity is 15%? Round your answer to two decimal places and enter it without the dollar sign.Wil Technologies is expected to generate $150 million in free cash flow next year, and FCF is expected to grow at a constant rate of 8% per year indefinitely. Scampini has no debt or preferred stock, and its WACC is 11%. If Wil has 55 million shares of stock outstanding, what is the stock's value per share? Round your answer to the nearest cent. -Each share of common stock is worth?
- Summit Systems will pay an annual dividend of $1.56 this year. If you expect Summit's dividend to grow by 5.8% per year, what is its price per share if the firm's equity cost of capital is 10.9%? The price per share is $ (Round to the nearest cent.) MNoGrowth Corporation currently pays a dividend of $1.72 per year, and it will continue to pay this dividend forever. What is the price per share if its equity cost of capital is 12% per year?NoGrowth Corporation currently pays a dividend of $2 per year, and it will continue to pay this dividend forever. What is the price per share if its equity cost of capital is 15% per year?