Question 1
You are considering buying a zero growth stock. If the firm pays a $6 annual dividend, and your required rate of return is 6%, what is the maximum price you would pay for this stock?
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$100
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$105
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$110
◦
$115
Question 2
You have been assigned the task of using the free cash flow model to estimate Petry Corporation’s intrinsic value. Petry’s WACC is 11.5%, its end-of-year free cash flow (FCF) is expected to be $176 million, the FCFs are expected to grow at a constant rate of 7% a year in the future, the company has $240 million of long-term debt plus preferred stock, and it has 61 million common shares outstanding. What is Petry’s estimated intrinsic value per common share?
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$59.20
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$60.18
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$60.95
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$71.32
Relationships between direction of flow of blood and water or air in different vertebrates.
Peak flow meter.
Flow aloft and cyclone migration
Global Climate Model
Gluten Free Diet
Three-Box Model