Question: Please help me out 12. (4 points) Kedia Inc. forecasts a negative free cash flow for the coming year, FCFI = -$10 million, but it
Please help me out

12. (4 points) Kedia Inc. forecasts a negative free cash flow for the coming year, FCFI = -$10 million, but it expects positive numbers thereafter, with FCF2 - $13 million. After Year 2, FCF is expected to grow at a constant rate of 4% forever. If the weighted average cost of capital is 14.0%, what is the firm's total corporate value, in millions? a. $116.05 b. $121.86 c. $100.00 d. $105.26 e. $110.53
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