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The most recent financial statements for Pigeon River Brown Ale are shown in the worksheet in the file Prob Pigeon_River_Brown_Ale.xls. Follow these instructions:
a). Using the inputs shown in the file, project Pigeon River Brown Ale's financial statements.
b). Calculate the projected free cash flows
c). Estimate the stock price.
Attachment:- Pigeon_River_Brown_Ale.xls
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