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(6) Assume the terminal value is calculated at $3,230,000 Determine the firm value of Whitelands at December 31, 2016 by completing the following table. Free
(6) Assume the terminal value is calculated at $3,230,000 Determine the firm value of Whitelands at December 31, 2016 by completing the following table.
Free Cash Flow
| Time Value Factor 8% WACC | Present Value at 12/31/16 |
FCF2017: $28,000 | .92593 (n= 1) |
|
IFCF2018: 35,000 | .85734 (n= 2) |
|
FCF2019: 45,000 | .79383 (n= 3) |
|
FCFTV: 765,000 | .73503 (n= 4) |
|
Firm Value |
|
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