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1. What is the value of operations of Lincoln? 2. What is the value of the firm Lincoln? 3. What is the value of equity

1. What is the value of operations of Lincoln?

2. What is the value of the firm Lincoln?

3. What is the value of equity of Lincoln?

4. What is the fair price of a Lincoln stock?

Data

Lincoln, Inc.

FCFo = 1,952.38

FCF grows at a constant rate = 5.0%

WACC = 11.0% S.T. Investments = 10,000

L.T. Debt = 15,000

Stocks Outstanding: N = 989

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