What is the best estimate of the stocks current intrinsic


Decker Tires' free cash flow was just FCF0 = $1.5 million. Analysts expect the company's free cash flow to grow by 20% this year, by 10% in Year 2, and at a constant rate of 5% in Year 3 and thereafter. The WACC for this company is 10%. Decker has $3 million in short-term investments and $12 million in debt and 2 million shares outstanding. What is the best estimate of the stock's current intrinsic price?

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Financial Management: What is the best estimate of the stocks current intrinsic
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