Suppose a firm shows the following values related to its capital structure, some of which come from the firm's Balance Sheet and Income Statement (note: the firm's long-term debt is comprised exclusively of bonds):

• Common Stock Dividends Per Share = $0.19
• Common Shares Outstanding = 241,936
• Market Price Per Share: Common = $12.13
• Preferred Stock Dividends Per Share = $0.65
• Preferred Shares Outstanding = 58,685
• Market Price Per Share: Preferred = $31.61
• Book Value of Long-Term Debt = $1,241,647
• Coupon Rate on Bonds Issued = 6.15%
• Per Bond Face Value = $1,000
• Bond Interest Payments Per Year = 2
• Firm's Current Cost of Borrowing in the Capital Markets = 8.59%
• Years Remaining to Bond Maturity = 13
• Total Revenue= $15,380,297
• Earnings Before Interest and Taxes = $3,861,154
• Fixed Assets = $15,499,905
• Cash and Equivalents = $180,500
• Free Cash Flow = $2,483,154
• NOPLAT = $2,548,813
• Return on Invested Capital (ROIC) = 14.19%
• Weighted Average Cost of Capital (WACC) = 10.19%
• Expected growth of FCF for next 3 year = 14.65%
• Expected growth of FCF for years 4+ = 3.72

Calculate the firm's market-based enterprise value.Express your answer as a whole dollar amount.

Answer rating: 100% (QA)

Okay lets calculate the firms enterprise value stepbystep 1 Calculate the market value of equity Com... View the full answer