3. (DCF valuation) Houda Motors has a just announced results that show that the FCF for the...
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3. (DCF valuation) Houda Motors has a just announced results that show that the FCF for the past year is $23 million. An experienced analyst believes that the growth rate of the FCF for the next 10 years will be 25% per year and that after 10 years the growth rate will be 7% annually. Houda’s WACC is 18%, and the company has 100 million shares outstanding.
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Related Book For
Principles Of Finance With Excel
ISBN: 9780190296384
3rd Edition
Authors: Simon Benninga, Tal Mofkadi
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