=+The company also owns a number of empty factories that are not required for busi- ness operations.

Question:

=+The company also owns a number of empty factories that are not required for busi-

ness operations. The current market value of these is £16m.

Required a

Calculate the future cash flows for the company to an infinite horizon - assume year 5 cash flows apply to each year thereafter. Discount the cash flows and calcu-

late the present value of all the cash flows.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Question Posted: