A benefit to the IRR is that assumes that cash flows are reinvested at the...
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A benefit to the IRR is that assumes that cash flows are reinvested at the IRR. Question 37 4 pts You are a stock analyst assigned to follow Lokits, Owens, and Ligert, Inc. (whose ticker is LOL). LOL's WACC is 10.00%, you believe the free cash flow at year end (FCF1) is expected to be $75.0 million, the FCFS are expected to grow at a constant rate of 5% indefinately, the company has $200 million of long-term debt and preferred stock, and it has 30 million shares of common stock outstanding. What is the LOL's estimated intrinsic value per share of common stock
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