試卷名稱:110年 - 110 國立清華大學碩士班考試入學試題_計量財務金融學系/甲組(財務金融組):財務管理#105244
年份:110年
科目:研究所、轉學考(插大)◆財務管理
9. TW Metal Corporation is expected to generate the following free cash flows over the next five years:
After then, the free cash flows are expected to grow at the industry average of 4.1% per year. The weighted average cost of capital of the company is 14.9%. TW Metal has S20 million excess cash, debt of $306 million, and 45 million shares outstanding. What is its share price, evaluated by discounted free cash flow model?
(A) $6,96
(B)$7.41
(C)$8.20
(D)$9.65
(E) $10.13