Angel D. Company has net working capital of S350,000 that it expects to grow at a rate
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Angel D. Company has net working capital of S350,000 that it expects to grow at a rate of 10% per year forever. Mark N., CFO of the company, is considering some suggestions that could slow that growth to 5% per year. If the discount rate is 15%, how would these changes affect the value of the Angel D. Co? (Show your calculations)
Related Book For
Fundamentals Of Corporate Finance
ISBN: 9781292437156
5th Global Edition
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford
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