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2. The following forecasts were developed at the end of 2022 for Endless Sunny Days Limited (ESDL) that has a cost of capital for its

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2. The following forecasts were developed at the end of 2022 for Endless Sunny Days Limited (ESDL) that has a cost of capital for its operations of 8% and a cost of capital for its equity of 12% (amounts are in millions of dollars): I he book value of equity at the end of 2022 was $370 and the net financing debt was $360. a. Forecast Free Cash Flows for 2023,2024 and 2025; b. Using a terminal growth rate in free cash flow after 2024 of 1%, estimate the total market value of equity for the firm

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