Use the Table for the Question(s)below

question 94

Multiple Choice

Use the table for the question(s) below.

-Conundrum Mining is expected to generate the above free cash flows over the next four years,after which they are expected to grow at a rate of 5% per year.If the weighted average cost of capital is 12% and Conundrum has cash of $80 million,debt of $60 million,and 30 million shares outstanding,what is Conundrum's expected current share price?

• A)$10.84
• B)$13.72
• C)$16.16
• D)$16.25
• E)$17.15

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Definitions:

Anorexia

An eating disorder characterized by an intense fear of gaining weight and a distorted body image, leading to self-imposed starvation and excessive weight loss.

Bulimia

An eating disorder marked by binge eating followed by purging to prevent weight gain.

Eating Disorder

Mental disorders defined by abnormal or disturbed eating habits that negatively affect a person's health or well-being.

Healthy Weight

A state in which an individual's body mass index (BMI) falls within a range deemed supportive of overall health and well-being, taking into account factors like age, sex, and bone structure.