Suppose a venture's first cash flow is expected in Year 7, and the cash flow is expected
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Suppose a venture's first cash flow is expected in Year 7, and the cash flow is expected to be 6,921,625. A comparable firm has earnings of 41,052,086 and a market cap of 315,832,311. Assuming a discount rate of 33%, find the present value (at Year 0) of the firm in dollars.
Related Book For
Real Estate Finance and Investments
ISBN: 978-0073377339
14th edition
Authors: William Brueggeman, Jeffrey Fisher
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