17

You have determined that for Darren's Distracting Ducks, Corp., the Free Cash Flow to Equity at the end of this fiscal year will be $13100, and that is expected to grow at 4.9%. You have also calculated that the cost of equity is 23.82%, the WACC is 20.76%, the Market return is 11.20%, and the risk-free rate is 4.38%. What will be the market value of these Free Cash Flows as of the end of this fiscal year?

Select one:

a.

$218125

b.

insufficient information to determine

c.

$152385

d.

$79638

e.

$86645

f.

$72631

g.

$313742