Question: Estimating Share Value Using the DCF Model Following are forecasts of Target Corporations sales, net operating profit after tax (NOPAT), and net operating assets (NOA)

Estimating Share Value Using the DCF Model Following are forecasts of Target Corporation’s sales, net operating profit after tax (NOPAT), and net operating assets (NOA) as of January 30, 2016.

$ millions Reported 2016 Horizon Period Terminal 2017 2018 2019 2020 Period

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