Od $4401 O. $46,09 QUESTIONS Hodge Technologies is expected to generate $130 million in free...
80.2K
Verified Solution
Link Copied!
Question
Finance
Od $4401 O. $46,09 QUESTIONS Hodge Technologies is expected to generate $130 million in free cash flow next year, and FCF is expected to grow at a constant rate of 6 percent per year indefinitely. Hodge has no debt or preferred stock, and its weighted average cost of capital is 9 percent. If Hodge has 60 million shares of stock outstanding, whut is the stock's value per share? a. $72.22 b. 576.56 S43.33 d. 578.72 e. 568.13
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!