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A company has annual after-tax operating cash flows of P2,000,000 per year which are expected to continue in perpetuity The company has a cost of
A company has annual after-tax operating cash flows of P2,000,000 per year which are expected to continue in perpetuity The company has a cost of equity of 10%, a before tax cost of debt of 5% and an after tax weighted average cost of capital of 8% per year. Corporation tax is 20%. What is the theoretical value of the company?
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To determine the theoretical value of the company we can use the Gordon Growth Model w...
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Financial Reporting Financial Statement Analysis And Valuation A Strategic Perspective
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
9th Edition
1337614689, 1337614688, 9781337668262, 978-1337614689
