Question: please solve Check my work 9 Consider the table given below to answer the following question. 5 points Asset value Earnings Net investment Free cash

please solve Check my work 9 Consider the table given below toplease solve

Check my work 9 Consider the table given below to answer the following question. 5 points Asset value Earnings Net investment Free cash flow (FCF) Return on equity (ROE) Asset growth rate Earnings growth rate Year 1 2 3 4. 5 6 7 8 9 10 9.00 10.44 12.11 14.05 15.87 17.94 20.27 22.30 24.53 26.98 1.44 1.67 1.94 2.25 2.54 2.78 3.04 3.23 2.94 3.24 1.44 1.67 1.94 1.83 2.06 2.33 2.03 2.23 2.45 2.70 0.42 0.48 0.45 1.01 1.00 0.49 0.54 0.16 0.16 0.16 0.16 0.16 0.155 0.15 0.145 0.12 0.12 0.16 0.16 0.16 0.13 0.13 0.13 0.10 0.10 0.10 0.10 0.16 0.16 0.16 0.13 0.09 0.09 0.06 -0.09 0.10 eBook References Assuming that competition drives down profitability (on existing assets as well as new investment) to 15.5% in year 6, 15% in year 7, 14.5% in year 8, and 12% in year 9 and all later years. What is the value of the concatenator business? Assume 13% cost of capital. (Do not round intermediate calculations. Enter your answer in millions rounded to 2 decimal places.) Present value million Check my work 9 Consider the table given below to answer the following question. 5 points Asset value Earnings Net investment Free cash flow (FCF) Return on equity (ROE) Asset growth rate Earnings growth rate Year 1 2 3 4. 5 6 7 8 9 10 9.00 10.44 12.11 14.05 15.87 17.94 20.27 22.30 24.53 26.98 1.44 1.67 1.94 2.25 2.54 2.78 3.04 3.23 2.94 3.24 1.44 1.67 1.94 1.83 2.06 2.33 2.03 2.23 2.45 2.70 0.42 0.48 0.45 1.01 1.00 0.49 0.54 0.16 0.16 0.16 0.16 0.16 0.155 0.15 0.145 0.12 0.12 0.16 0.16 0.16 0.13 0.13 0.13 0.10 0.10 0.10 0.10 0.16 0.16 0.16 0.13 0.09 0.09 0.06 -0.09 0.10 eBook References Assuming that competition drives down profitability (on existing assets as well as new investment) to 15.5% in year 6, 15% in year 7, 14.5% in year 8, and 12% in year 9 and all later years. What is the value of the concatenator business? Assume 13% cost of capital. (Do not round intermediate calculations. Enter your answer in millions rounded to 2 decimal places.) Present value million

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