26. Horizon value (S18-2) Modify Table 18.1 on the assumption that competition eliminates any opportunities to earn
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26. Horizon value (S18-2) Modify Table 18.1 on the assumption that competition eliminates any opportunities to earn more than WACC on new investment after year 7 (PVGO = 0). How does the valuation of Rio change?
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Related Book For
Principles Of Corporate Finance
ISBN: 9781264080946
14th Edition
Authors: Richard Brealey, Stewart Myers, Franklin Allen, Alex Edmans
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