Question: For AAA Corporation, in 2 0 1 9 , Current Assets and Net Fixed Assets were $ 2 5 0 and $ 3 1 0

For AAA Corporation, in 2019, Current Assets and Net Fixed Assets were $250 and $310, and in 2020, they were $350 and $340. Accounts payables, Debt and Common Stock and Accumulated Paid-in Surplus were respectively $20, $395 and $123 in 2019; and $60, $400 and $130 in 2020. In 2020, EBIT was $200, Interest $40, Depreciation $40, tax $32 and dividend $50.
RF =5%, MRP =10%, betaD =0.5, and betaE =1.15, and assume CAPM applies.
Find firm value with simple perpetuity model using CFFA.
Find firm value with simple perpetuity model using FCF.
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