You work for a company that has projected the following cash flows: Year 1: $2 million; Year
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You work for a company that has projected the following cash flows: Year 1: $2 million; Year 2: $3 million; Year 3: $4.5 million. Comparable companies have P/E ratios of 4x. What is the terminal value of the company?
Related Book For
Corporate Finance Core Principles and Applications
ISBN: 978-1259289903
5th edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford Jordan
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