What is the estimated price

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The estimated Free Cash Flow to the Firm (FCF) will be $500 million next year (at t=1). It is estimated the FCFF will then grow by 2% per year forever infinity. If the discount rate for FCFF is 7%, NetDebt is $4 billion, and there are 600 million shares outstanding, what is the estimated price? (round to the cent like $12.34 for example)

Reference no: EM132999084

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