A firm just reported free cash flow of $1 billion. Free cash flows are expected to grow
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A firm just reported free cash flow of $1 billion. Free cash flows are expected to grow at 2.5%/year. If the weighted-average cost of capital (WACC) is 13%, what is the value of operations, Vop, in billions?
Related Book For
Intermediate Financial Management
ISBN: 978-1285850030
12th edition
Authors: Eugene F. Brigham, Phillip R. Daves
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