Decker tires' free cash flow was just fcf0 = $1.32. analysts expect the company's free cash flow to grow by 30% this year, by 10% in year 2, and at a constant rate of 5% in year 3 and thereafter. the wacc for this company 9.00%. decker has $4 million in short-term investments and $14 million in debt and 1 million shares outstanding. what is the best estimate of the stock's current intrinsic price?

Which is cheaper: eating out or dining in? the mean cost of a flank steak, broccoli, and rice bought at the grocery store is $13.04 (money.msn website, november 7, 2012). a sample of 100 neighborhood restaurants showed a mean price of $12.75 and a standard deviation of $2 for a comparable restaurant meal. a. develop appropriate hypotheses for a test to determine whether the sample data support the conclusion that the mean cost of a restaurant meal is less than fixing a comparable meal at home. b. using the sample from the 100 restaurants, what is the p-value? c. at a = .05, what is your conclusion? d. repeat the preceding hypothesis test using the critical value approach