User Account

All Pages

Shares of stock outstanding

Assignment Help Finance Basics
Reference no: EM131100951

Smith Technologies is expected to generate $25 million in free cash flow next year, and FCF is expected to grow at a constant rate of 7% per year indefinitely. Smith has no debt or preferred stock, and its WACC is 12%. If Smith has 35 million shares of stock outstanding, what is the stock's value per share? Round your answer to two decimal places.

Reference no: EM131100951

Questions Cloud

The chemical composition of soil varies with depth : The chemical composition of soil varies with depth. The article "Sampling Soil Water in Sandy Soils: Comparative Analysis of Some Common Methods" (M. Ahmed, M. Sharma, et al.,Communications in Soil Science and Plant Analysis, 2001: 1677-1686) desc..
Show a profit on trading activities : Businesses may fail through poor cash flow, even whilst their published accounts show a profit on trading activities. Critically evaluate why this might be the case
Value of martell minings stock : If D0=5 and r=9%, what is the value of Martell Minings stock?
Transaction of creating the dividend : Which of the following comes closest to the amount that Kelly gets to keep from this transaction of creating the dividend if the tax rate on capital gains is 20%?
Shares of stock outstanding : If Smith has 35 million shares of stock outstanding, what is the stock's value per share? Round your answer to two decimal places.
What will be the monthly loan payment : What will be the monthly loan payment? Do not round intermediate steps. Round your answer to the nearest cent What will be the loan's EAR? Do not round intermediate steps. Round your answer to two decimal places
A businessman trying to reach phoenix and mistakenly : AT&T was running commercials in 1990 aimed at luring back customers who had switched to one of the other long-distance phone service providers. One such commercial shows a businessman trying to reach Phoenix and mistakenly getting Fiji, where a ha..
Calculate the firm''s market value capital structure : The current liabilities consist entirely of notes payable to banks, and the interest rate on this debt is 10 percent, the same as the rate on new bank loans. The long-term debt consists of 30,000 bonds, each of which has a par vale of $1,000, carries..
Grow at a constant rate : Harrison Clothiers' stock currently sells for $17 a share. It just paid a dividend of $3.5 a share ( that is, D - 3.5). The dividend is expected to grow at a constant rate of 8% a year.

Reviews

Write a Review

Finance Basics Questions & Answers

  Organisational analysis project-financial reporting

Proposal for the Project, which should include the following information:

  Generate a set of test inputs and expected results

Generate a set of test inputs and expected results for the Currency Conversion program. Sunday's assignment requires you to generate test values that test all branches of your program including errors and all currencies

  Research to develop a new computer game

Research to develop a new computer game.

  What is the default risk premium on corporate bonds

Also, corporate bonds have a 0.25% liquidity premium versus a zero liquidity premium for T-bonds, and the maturity risk premium on both Treasury and corporate 10-year bonds is 1.15%. What is the default risk premium on corporate bonds?

  Recommend two 2 uses of a tax shield that can improve

convertible bonds please respond to the followingfrom the e-activity recommend two actions that the selected company

  Delhoyo corporation a manufacturing company has provided

delhoyo corporation a manufacturing company has provided data concerning its operations for september. the beginning

  Compute value of company stock

Using the following data on Bear Company and the dividend discount model, compute the value of Bear Corporation's stock.

  Foreign direct investment opportunities

Demonstrate your ability to provide reasoning for your response to discussion questions - demonstrate your ability to provide reasoning for your response to discussion questions.

  What would likely happen without your plan being implemented

What are the advantages & disadvantages of each estate planning strategy? What would likely happen without your plan being implemented?

  Determine the firm degree of operating leverage

If I collect my accounts receivables every 38 days, pay my accounts payable every 35 days, and my inventory turns over 8.4 times per year, what is my cash conversion cycle?

  Michelle purchased a homeowners 3 policy

Michelle purchased a Homeowners 3 policy with no special endorsements to cover her home and personal property. A fire occurred and destroyed a big screen television.

  What do discounts really cost an organization

Explain how to apply the cost of trade credit techniques to assess the cost of trade credit for an organization. What do discounts really cost an organization?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd