Shares of stock outstanding

Assignment Help Finance Basics
Reference no: EM131100951

Smith Technologies is expected to generate $25 million in free cash flow next year, and FCF is expected to grow at a constant rate of 7% per year indefinitely. Smith has no debt or preferred stock, and its WACC is 12%. If Smith has 35 million shares of stock outstanding, what is the stock's value per share? Round your answer to two decimal places.

Reference no: EM131100951

Questions Cloud

The chemical composition of soil varies with depth : The chemical composition of soil varies with depth. The article "Sampling Soil Water in Sandy Soils: Comparative Analysis of Some Common Methods" (M. Ahmed, M. Sharma, et al.,Communications in Soil Science and Plant Analysis, 2001: 1677-1686) desc..
Show a profit on trading activities : Businesses may fail through poor cash flow, even whilst their published accounts show a profit on trading activities. Critically evaluate why this might be the case
Value of martell minings stock : If D0=5 and r=9%, what is the value of Martell Minings stock?
Transaction of creating the dividend : Which of the following comes closest to the amount that Kelly gets to keep from this transaction of creating the dividend if the tax rate on capital gains is 20%?
Shares of stock outstanding : If Smith has 35 million shares of stock outstanding, what is the stock's value per share? Round your answer to two decimal places.
What will be the monthly loan payment : What will be the monthly loan payment? Do not round intermediate steps. Round your answer to the nearest cent What will be the loan's EAR? Do not round intermediate steps. Round your answer to two decimal places
A businessman trying to reach phoenix and mistakenly : AT&T was running commercials in 1990 aimed at luring back customers who had switched to one of the other long-distance phone service providers. One such commercial shows a businessman trying to reach Phoenix and mistakenly getting Fiji, where a ha..
Calculate the firm''s market value capital structure : The current liabilities consist entirely of notes payable to banks, and the interest rate on this debt is 10 percent, the same as the rate on new bank loans. The long-term debt consists of 30,000 bonds, each of which has a par vale of $1,000, carries..
Grow at a constant rate : Harrison Clothiers' stock currently sells for $17 a share. It just paid a dividend of $3.5 a share ( that is, D - 3.5). The dividend is expected to grow at a constant rate of 8% a year.

Reviews

Write a Review

Finance Basics Questions & Answers

  Slope of the yield curve

Which of the following statements is CORRECT?

  Compute the cost of inventory either purchased or

analyzing changes in inventory. boeing company a u.s. airplane manufacturer reported a balance of 8105 million in

  What price should new investors be willing to pay

Suppose that instead of using her own $2 million to start the new business venture Sammy wants to issue 100,000 new shares in order to raise equity. What price should new investors be willing to pay? How many shares need to be sold to new investor..

  Also the firm had a net inflow of 300000 from the sale of

the johnson and baker company increased investments in foreign securities by 120000 funded fixed asset acquisitions

  Find the cost of newly issued common stock

Paramount, Corporation just paid a dividend of $2.05 per share, and the firm is expected to experience constant growth of 12.50 percent over the foreseeable future.

  What was the chang in net working capital during the years

What was the chang in net working capital during the years?

  What are the total annual ordering costs

Amistad Inc manufacturers custom golf clubs and orders 250,000 graphite shafts per year from its manufacturer. The CEO at Amistad wishes to know the optimal EOQ. The carrying cost is $.45 per shaft per year. The order cost is $750 per order.

  Levered value of firm

Kline Construction is an all-equity firm that has projected perpetual earnings before interest and taxes of $879,000. What is the levered value of the firm?

  Morningside nursing home not-for-profit corporation its tax

morningside nursing home a not-for-profit corporationnbsp its tax exempt debt currently requires an interest rate of

  What is the eps for each company

Company A has 40 shares outstanding and pays no interest. Company B has 30 shares outstanding and pays $25 in interest. What is the EPS for each company?

  What type of investor might be interested in participating

If Carson issues bonds, it would be a relatively small bond offering. Should Carson consider a private placement of bonds. What type of investor might be interested in participating in a private placement

  Bampk enterprises will pay an annual dividend of 1442 a

bampk enterprises will pay an annual dividend of 1.442 a share on its common stock today. last year the company paid a

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd