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 Corporations sales, net operating profit after tax (NOPAT), and net operating assets (NOA) as of February 2, 2019, which we label fiscal year 2018. Note: Complete the entire question in Excel and format each answer to two decimal places. Then enter the answers into the provided spaces below with two decimal places. Reported Forecast Horizon Period Terminal $ millions 2018 2019 2020 2021 2022 Period Sales $75,956 $79,124 $83,

Estimate the value of a share of Target common stock using the discounted cash flow (DCF) model as of February 2, 2019.

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