An analyst is estimating the intrinsic value harkleroad, Ask an Expert

Economics

An analyst is estimating the intrinsic value Harkleroad Technologies' stock. Harkleroad's free cash flow is expected to be $34 million this year, and grow at a constant rate of 7% a year. The company's WACC is 13%. Harkleroad has $162 million of long-term debt, and 20 million outstanding shares of common stock. It has no preferred stock.

Determine the per-share price of Harkleroad Technologies' common stock, assuming that the market is both efficient and in equilibrium.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91953611

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