(268) MM Extension with Growth Schwarzentraub Industries expected free cash flow for the year is $500,000; in...
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(26–8)
MM Extension with Growth Schwarzentraub Industries’ expected free cash flow for the year is $500,000; in the future, free cash flow is expected to grow at a rate of 9%. The company currently has no debt, and its cost of equity is 13%. Its tax rate is 40%. (Hint: Use Equations 26-16 and 26-17.)
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Related Book For 
Financial Management Theory And Practice
ISBN: 9781439078105
13th Edition
Authors: Eugene F. Brigham, Michael C. Ehrhardt
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