A company is projected to generate free cash flows of $50 million per year for the next two years, after which it is projected grow at a steady rate in perpetuity. The company's cost of capital is 10.5%. It has $25 million worth of debt and $6 million of cash. There are 15 million shares outstanding. If the exit multiple for this company's free cash flows (EV/FCFF) is 14, what's your estimate of the company's stock price

Part (a) is relatively straight forward.there are 4 aces in a standard 52-card deck. so the probability that an ace is picked is just 4/52.part (b): note that there are 4 suits in a standard 52-card deck. so picking hearts will be 13/52 or 1/4.part (c): the probability condition or means we need to add the two probabilities because we do not want them simultaneously. so, we end up getting pr(ace) + pr(heart).from part (a), we found that picking an ace had a probability of 4/52, which is reduced down to 1/13.from part (b), we found that picking a heart had a probability of 1/4.so, the probability of an ace or a heart is 1/13 + 1/4 = 4/52 + 13/52 = 17/52.

The second choice is the correct answer!

Amy is analyzing a job offer. amy’s salary analysis annual salary benefits average monthly rent average monthly utility costs $48,500 401k matched up to $2,500/year, $5,000 in bonuses $1,100 $200 how much should she expect to pay on rent and utilities each year?   solution: average monthly rent = 1100/year = 12(1100) = 13200average monthly utilities = 200/year = 12(200) = 2400so,13200 + 2400 = 15600  thus, the correct answer is:   d.$15,600

Answerless than total reserves;