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10 5 points A company Americana, Inc.'s EBIT in the current year is $250k. You expect the EBIT to grow by 2% per year as

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10 5 points A company Americana, Inc.'s EBIT in the current year is $250k. You expect the EBIT to grow by 2% per year as long as the company is of a going concern. The depreciation, the change in NWC, and the capital expenditure are also expected to grow at the same rate as the EBIT. The current level of depreciation, change in NWC, and capital expenditure are $35k $12k, and $19, respectively. If the WACC is 8%, what comes close to the current value of the company? Assume that the tax rate is 20% $4 million $3.5 million $3.4 million $3.7 million Previous Next

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