Suppose the first cash flow of a company is expected in year 5 and the cash flow is expected to be 1,619,488. A comparable company has earnings of 24,868,622 and a market capitalization of 559,029,791. Assuming a discount rate of 31%, find the present value (in year 0) of the company in dollars.

Answer rating: 100% (QA)

To find the present value in year 0 of the company we need to calculate the present value of all fut... View the full answer