Over a 5-year projected forecast, you find that a company's average annual growth rate of Unlevered Free
Question:
Over a 5-year projected forecast, you find that a company's average annual growth rate of Unlevered Free Cash Flow is 15%. In a DCF analysis, should you use a 15% perpetual growth rate to calculate the Terminal Value under the Gordon Growth Method?
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Fundamentals of Corporate Finance
ISBN: 978-0133400694
1st canadian edition
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford, David A. Stangeland, Andras Marosi