Henry corporation has 20m shares outstanding 80m in debt


Henry Corporation has 20M shares outstanding, $80M in debt and $5M in excess cash. Its expected free cash flow next year is expected to be $12.6M and will grow at 5% a year in perpetuity. Its cost of equity is 12%, weighted average cost of capital is 11%. Henry’s estimated share price is:

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Financial Management: Henry corporation has 20m shares outstanding 80m in debt
Reference No:- TGS01254445

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