Venice surf co expects to generate free cash flows of 1914


Venice Surf Co. expects to generate free cash flows of $1,914 million in 2015 with future free cash flows expected to increase indefinitely at 2% per year. The company has net nonoperating obligations of $-5,000 million and there are 600 million shares of common stock outstanding. Calculate the per share stock price using the free cash flow information above, and assuming a discount rate of 8%. Present your answer to two decimal places, e.g., $20.00.

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Financial Management: Venice surf co expects to generate free cash flows of 1914
Reference No:- TGS01416685

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