8. A small business located in Lagos, Nigeria forecasts the following free cash flows over a five-year
Question:
8. A small business located in Lagos, Nigeria forecasts the following free cash flows over a five-year period (Table A.13.1):
Assuming the free cash flows are expected to grow by 4 % per annum after the fifth year. Given a WACC of 14 %:
(a) What is the value of the business?
(b) If the business has debt of US$300,000 and 40,000 shares outstanding, estimate its SP.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answered By
Sarfraz gull
have strong entrepreneurial and analytical skills which ensure quality tutoring and mentoring in your international business and management disciplines. Over last 3 years, I have expertise in the areas of Financial Planning, Business Management, Accounting, Finance, Corporate Finance, International Business, Human Resource Management, Entrepreneurship, Marketing, E-commerce, Social Media Marketing, and Supply Chain Management.
Over the years, I have been working as a business tutor and mentor for more than 3 years. Apart from tutoring online I have rich experience of working in multinational. I have worked on business management to project management.
3+ Reviews
10+ Question Solved
Related Book For 
Entrepreneurial Finance For MSMEs A Managerial Approach For Developing Markets
ISBN: 9783319340203
1st Edition
Authors: Joshua Yindenaba Abor
Question Posted:
