Question
A companys expected EBIT is $400mm, its marginal tax rate is 21%, its expected depreciation is $30mm, and its CapEx (including change in NOWC) is
A companys expected EBIT is $400mm, its marginal tax rate is 21%, its expected depreciation is $30mm, and its CapEx (including change in NOWC) is $50mm. If the companys debt is at $100mm, its WACC is 12% it has been growing at 2% and it has 120 million shares of stock outstanding, what do you estimate its intrinsic stock value to be?
A. $23.83
B. $24.67
C. $21.33
D. $31.66
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Crypto Finance Law And Regulation
Authors: Joseph Lee
1st Edition
0367086611, 978-0367086619
