Use the following to estimate the stock price per share of the firm as of the end of Year 1. Note, I attached the excel file in the description of the homework with this information in it to make your calculations easier.
\$ millions
Sales
NOPAT
NOA
NNO
WACC
Terminal
Growth
Shares
outstanding
Actual
Forecast Horizon Period
Terminal
Year 1 Year 2 Year 3 Year 4 Year 5 Period
75,356 79,124 83,080 87,234 91,596 93,428
3,269 3,402 3,572 3,751 3,939 4,017
23,020 24,197 25,407 26,677 28,011 28,571
11,723
7.63\%
2.00\%
517.80