What is the firm estimated intrinsic value

Assignment Help Finance Basics
Reference no: EM13282792

You must estimate the intrinsic value of Noe Technologies' stock. The end-of-year free cash flow is expected to be $17.00 million, and it is expected to grow at a constant rate of 7.0% a year thereafter. The company's WACC is 10.0%, it has $125.0 million of long-term debt plus preferred stock outstanding, and there are 15.0 million shares of common stock outstanding. What is the firm's estimated intrinsic value per share of common stock?

a. $26.50
b. $32.98
c. $29.44
d. $30.92
e. $23.85

 

Reference no: EM13282792

Questions Cloud

Explain find the molarity of each ion present after mixing : Find the molarity of each ion present after mixing 27 mL of 0.25M HNO3 with 36.0ml of 0.42 M Ca(NO3)
Where does the projectile land : A projectile is fired into the air from the top of a cliff of height h = 198 m above a valley. Where does the projectile land
Design circuit to provides relationship in output and input : Design a circuit that provides a relationship between output voltage Vo and input voltage Vs such that Vo=12*Vs -10. Two opamps, a 6-V battery, and several resistors are available.
Explain dilute the solutions of nacl, na2so4 and na2s : Dilute the solutions of NaCl, Na2So4 and Na2S are available to seperate the positive ions from each other. In order to effect seperation, the solutions should be added in which order
What is the firm estimated intrinsic value : The company's WACC is 10.0%, it has $125.0 million of long-term debt plus preferred stock outstanding, and there are 15.0 million shares of common stock outstanding. What is the firm's estimated intrinsic value per share of common stock?
How much fuel is saved : It has been proposed to save fuel in air travel by reducing the air speed. How much fuel is saved in a 2000 mile trip
Compute the concentration of na+ : You have 135.8 mL of a 2.50, solution of Na2Cr04 (aq). You also have 125 mL of a 2.50 M solution of AgNO3. Calculate the concentration of Na+ after the two solutions are mixed together.
Explain how much heat in joules was lost by the water : How much heat in Joules was lost by the water. How much heat would be lost by the water if 1 mole of KCl had dissolved. c) What is (Delta Heat reaction) in kL/mole for this process, which can be written as KCl (s) --> KCL (aq)
Find the volume charge density in that sphere : A charge of -250e is uniformly spread through the volume of a sphere of radius 2.00 cm. What is the volume charge density in that sphere

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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