Question: please show all work without excel please and thank you so much . 7. In 10 years, a firm will have annual cash flows of
please show all work without excel please and thank you so much .
7. In 10 years, a firm will have annual cash flows of $30 million. Thereafter, its cash flows will grow at the inflation rate of 4%. If the applicable interest rate is 10%, estimate its value if you will sell the firm in 10 years? What would this be worth today?
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