Question: The analyst estimated the terminal value using the perpetuity growth method, considering that the firms EBITDA in the last year of the explicit forecast period

The analyst estimated the terminal value using the perpetuity growth method, considering that the firms EBITDA in the last year of the explicit forecast period is 210 mn and EV/EBITDA multiple is 8x. What is the implied stable growth rate if the FCFF in the last year of the forecast period is 140 mn and WACC is 11%?

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