Question: I am working through an excel assignment located at the end of chapter 7 in finacial management theory and practice 16. The answers in the
I am working through an excel assignment located at the end of chapter 7 in finacial management theory and practice 16. The answers in the back of the book only go to 7-24 this is 7-25 the website does not address the excel portion in your answers. Can someone please answer these for me. The table needs to be filled in. I am not sure what is meant by more information
| Selected data for the Derby Corporation are shown below. Use the data to answer the following questions. | |||||||
| INPUTS (In millions) | Year | ||||||
| Current | Projected | ||||||
| 0 | 1 | 2 | 3 | 4 | |||
| Free cash flow | -$20.0 | $20.0 | $80.0 | $84.0 | |||
| Marketable Securities | $40 | ||||||
| Notes payable | $100 | ||||||
| Long-term bonds | $300 | ||||||
| Preferred stock | $50 | ||||||
| WACC | 9.00% | ||||||
| Number of shares of stock | 40 | ||||||
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