Question: 9-1 Solution Legend Given = Value given in problem Discount rate 15% = Formula/Calculation/Analysis required Year 5 multiple 5 = Qualitative analysis or Short answer
9-1 Solution Legend Given = Value given in problem Discount rate 15% = Formula/Calculation/Analysis required Year 5 multiple 5 = Qualitative analysis or Short answer required Debt (0) $400,000 = Goal Seek or Solver cell = Crystal Ball Input Year Cash flows = Crystal Ball Output 1 $100,000 2 120,000 3 135,000 4 150,000 5 175,000 Solution a. Enterprise Value b. Equity Value
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