Scampini Technologies is expected to generate $175 million infree cash flow next year, and FCF is expected to grow at a constantrate of 7% per year indefinitely. Scampini has no debt or preferredstock, and its WACC is 13%. If Scampini has 65 million shares ofstock outstanding, what is the stock’s value per share? Round youranswer to two decimal places.
Each share of common stock is worth $_____ , according to thecorporate valuation model.
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