Question: St. Blues Technologies' expected (next year) EBIT is $803.00, its tax rate is 32%, depreciation is $79.00, planned capital expenditures are $76.00, and planned INCREASES
St. Blues Technologies' expected (next year) EBIT is $803.00, its tax rate is 32%, depreciation is $79.00, planned capital expenditures are $76.00, and planned INCREASES in net working capital is $10.00. What is the free cash flow to the firm (FCFF)? $ The firm's interest expense is $22.00. Assume the tax rate is 32% and the net debt of the firm INCREASES by $9.00. What is the free cash flow to equity (FCFE)? $ What is the market value of equity if the FCFE is projected to grow at 3% indefinitely and the cost of equity is 14%? (Round this answer to 2 decimal places.) $
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