Reference no: EM132938819

Question - Following a "macro" and "micro" forecast of sales/revenues and costs based on a number of key sources of information such as: historical income statements and balance sheet reports, trends within AntartiK Inc.'s industry, the Consumer Discretionary Goods industry (including time, scale, and risk of firm's revenue) AntartiK, Inc., a direct competitor to Tesla motors, demonstrates the volatile, cyclical, and highly competitive nature of AntartiK's focus on renewable energy, storage and innovative automobile manufacturing.

The Weighted Average Cost of Capital for  AntartiK  Inc. is 13%. The long term growth rate starting in Year 5 and thereafter is forecasted to be 10.5%, due to high demand for this innovative company's products. The company currently holds $8,000,000 in debt instruments, as valued by the market. AntartiK, Inc. has also recently issues a second round of a common shares offering bring the current level of 1,155,000 share outstanding. The corporate tax rate is at 30% for AntartiK, Inc.

A) What is the value per share?

B) If the market price is presently $150.00 per share is the company under or overvalued?