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Blitz Corp. has $50 million of debt and 3 million shares of common stock outstanding. The...

Blitz Corp. has $50 million of debt and 3 million shares of common stock outstanding. The firm has $30 million of excess cash. An analyst has forecasted the following future Free Cash Flows (FCFs) for the firm: $12 million, 13 million, 14 million, and 15 million for years 1 (t=1), 2, 3, and 4, respectively. The firm and the FCFs will then grow at a constant 5% annual rate forever after year 4. Blitz has a weighted average cost of capital (WACC) of 10%. Estimate the Enterprise Value and the value (per share) of Blitz stock/equity?

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