What is the present value per share of the common stock

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Question: Bron Bron Corporation is expecting free cash flows during this next year (year 1) to be $10 million. For the following four years they expect it to grow by $8 million each year, and then achieve 5% constant growth every year thereafter. The weighted average cost of capital for Bron Bron is 12.0%, there number of shares outstanding is 15 million, and the firm has $100 million currently of Debt & Preferred Stock. What is the present value per share of their common stock?

Reference no: EM131949802

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