This paper circulates around the core theme of FISV 2010 – Assume the following expected free cash flows for Flying Inc. for 2012 together with its essential aspects. It has been reviewed and purchased by the majority of students thus, this paper is rated 4.8 out of 5 points by the students. In addition to this, the price of this paper commences from £ 99. To get this paper written from the scratch, order this assignment now. 100% confidential, 100% plagiarism-free.
Assume the following expected free cash flows for Flying Inc. for 2012:CurrentForecast HorizonTerminal Year($ thousands)20122013201420152016Free cash flows to the firm (FCFF)2,4562,9853,9284,2685,0385,589The company has net nonoperating obligations (NNO) of $80,000 and 6,000 shares outstanding. Calculate the per share stock price using the FCFF information above, a discount rate of 6%, and a terminal growth rate of 3%.