The financial statements of Lioi Steel Fabricators are sow below-both the actual results for 2010 and the projections for 2011. Free cash flow is expected to grow at a 6% rate after 2011. The weighted average cost of capital is 11%. If operating capital as of 12/31/2010 is $502.2 million, what is the free cash flow for 12/31/2011?
What is the horizon value of 12/31/2011?
What is the value of operations as of 12/31/2010?
What is the total value of the company as of 12/31/2010?
What is the intrinsic price per share for 12/31/2010?