The firm's free cash flow next year (t = 1) is $12.3 million, and after next...
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The firm's free cash flow next year (t = 1) is $12.3 million, and after next year, it is expected to grow at a constant rate of 3% per year. Its weighted cost of capital is 12.5%. The firm value today is _______ million. The firm's free cash flow next year (t = 1) is $12.3 million, and after next year, it is expected to grow at a constant rate of 3% per year. Its weighted cost of capital is 12.5%. The firm value today is _______ million.
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Corporate Finance A Focused Approach
ISBN: 978-1305637108
6th edition
Authors: Michael C. Ehrhardt, Eugene F. Brigham
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