Question: please answer correctly and show workings on excel. Thank you (e) Forecast Cisco's sales, NOPAT, and NOA for years 2017 through 2020 and the terminal
please answer correctly and show workings on excel. Thank you
(e) Forecast Cisco's sales, NOPAT, and NOA for years 2017 through 2020 and the terminal period using the following assumptions: ( 12 points) Assume a discount rate (WACC) of 10\%, common shares outstanding of 5,029 million, and net nonoperating obligations (NNO) of $(37,113) million ( NNO is negative which means that Cisco has net nonoperating investments). (f) Estimate the value of a share of Cisco common stock as of July 30, 2016 using the discounted cash flow (DCF) model and sales, NOPAT and NOA forecast in (e); (12 points)
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