Calculate restons value of operations value of equity and


Reston Corporation had free cash flow of $100 thousand in the most recent year ended. FCF is forecast to grow at 20% next year, 15% the year after and 5% each year after that. Reston has $1 million in long-term debt outstanding, and currently has 50 million shares of stock, Calculate Reston's value of operations, value of equity and the stock price.

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Financial Management: Calculate restons value of operations value of equity and
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