Question
A company's free cash flow for the current year is $4 580 000, and investors believe that the companys free cash flow will grow by
A company's free cash flow for the current year is $4 580 000, and investors believe that the companys free cash flow will grow by 4% annually forever. If the company's weighted average cost of capital is 12%, what is its enterprise value?
a.
$67 500 000
b.
$56 780 000
c.
$59 540 000
d.
$85 350 000
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Financial Accounting Essentials You Always Wanted To Know Self Learning Management Series
Authors: Vibrant Publishers , Kalpesh Ashar
5th Edition
1636510973, 978-1636510972
