River Enterprises has $501 million in debt and 20 million shares of equity outstanding. Its...
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Accounting
River Enterprises has $ million in debt and million shares of equity outstanding. Its excess cash reserves are $ million. They are expected to generate $ million in free cash flows next year with a growth rate of per year in perpetuity. River Enterprises' cost of equity capital is After analyzing the company, you believe that the growth rate should be instead of If the growth rate is the price per share is Round to the nearest cent.
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