Nickerson Inc., a health services firm, is expected to grow rapidly in the next two years and
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Nickerson Inc., a health services firm, is expected to grow rapidly in the next two years and then have a level growth rate of 6 percent per annum for the foreseeable future. The firm expects free cash flows of $112 Million the first year and $145 million in the second year. The company has no nonoperating assets (NOA). If the appropriate WACC is 10 percent, what is the enterprise value of this business?
Related Book For
Contemporary Financial Management
ISBN: 9780324289114
10th Edition
Authors: James R Mcguigan, R Charles Moyer, William J Kretlow
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