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11. Find the value of Cranium: Cranium management performed a normal DCF valuation with a 50% Debt to Value ratio with $5000 in debt at
11. Find the value of Cranium: Cranium management performed a normal DCF valuation with a 50% Debt to Value ratio with $5000 in debt at a rate of 6%. For the terminal value they assumed a constant growth rate forever of 3.6% and WACC of 8.6%. 1 Year Net Income Depreciation Interest Exp Change NWC Capex Free Cash Flow -150 1000 300 -100 200 What is the enterprise value of Cranium today? V= 2 0 900 300 100 200 900 3 30 900 300 0 200 1030 What is the value of Cranium equity today if the forecast is correct? Y.eg=
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