2020 reported NOPAT $10,500 million 2020 reported NOA 62,200 million Present value of forecast horizon FCFF 42,800 million Present value of terminal period FCFF 229,900 million Net nonoperating obligations 18,800 million If Toppin has 2 billion shares of common stock outstanding, what is the value of a share of stock at the end of 2020 estimated using the discounted cash flow model? O $126.95 O $163.30 O $167.45 O $176.85 O $158.05

2020 reported NOPAT $10,500 million 2020 reported NOA 62,200 million Present value of forecast horizon FCFF 42,800 million Present value of terminal period FCFF 229,900 million Net nonoperating obligations 18,800 million If Toppin has 2 billion shares of common stock outstanding, what is the value of a share of stock at the end of 2020 estimated using the discounted cash flow model? O $126.95 O $163.30 O $167.45 O $176.85 O $158.05

Financial Management: Theory & Practice

16th Edition

ISBN:9781337909730

Author:Brigham

Publisher:Brigham

Chapter2: Financial Statements, Cash Flow,and Taxes

Section: Chapter Questions

Problem 21SP: Begin with the partial model in the file Ch02 P21 Build a Model.xlsx on the textbooks Web site. a....

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