Question
A company will deliver Enterprise Free Cash Flows of 100M at the end of the current year, 120M at the end of the next year,
A company will deliver Enterprise Free Cash Flows of 100M at the end of the current year, 120M at the end of the next year, and thereafter you expect the cash flows to grow 6%.
If there are 1M shares in issue, the company's debt is valued at 375M and its cost of capital is 12%, what is the fair value of a share?
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Personal Finance
Authors: Jeff Madura
5th edition
132994348, 978-0132994347
