(136) Value of Operations Brooks Enterprises has never paid a dividend. Free cash flow is projected to...

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(13–6)

Value of Operations Brooks Enterprises has never paid a dividend. Free cash flow is projected to be

$80,000 and $100,000 for the next 2 years, respectively; after the second year, FCF is expected to grow at a constant rate of 8%. The company’s weighted average cost of capital is 12%.

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Financial Management Theory And Practice

ISBN: 9781439078105

13th Edition

Authors: Eugene F. Brigham, Michael C. Ehrhardt

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