EBITDA as reported on the company's most recent financial statements: $2,100,000 Sustaining capital reinvestment: $450,000 PV of CCA tax shield on sustaining capital investment: $75,000 Marketable securities: 70% represents redundant assets; earned investment income of $50,000 WACC: 9% Income tax rate: 25% The company's growth rate in perpetuity is expected to be 2%. What is the company's capitalized discretionary cash flows? 

Answer rating: 100% (QA)

To calculate the companys capitalized discretionary cash flows we need to consider the EBITDA sustai... View the full answer