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A Corporation plans to issue equity to raise $82600097 to finance a now investrent. Alter making the invesiment, the firm axpocis to earn free cash
A Corporation plans to issue equity to raise $82600097 to finance a now investrent. Alter making the invesiment, the firm axpocis to earn free cash fows of $11669125 each yoar. The firm currently has 6760249 shares outstanding. and it has no other assets of epporturities. Suppose the apprcpriate discount rate for the firm future free cash fown is 8. 13\%, and the only capital market imperfections are corporale taxes and financial distress costs What is the NFV of the firmis investment? NOTE: Submit your answers with 4 decimals after the dot. Do not include the " $ " sign
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