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. A Credit Suisse First Boston financial analyst is evaluating Relant home furnishings by using FCF valuation with EBIT He has accumulated the following information

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. A Credit Suisse First Boston financial analyst is evaluating Relant home furnishings by using FCF valuation with EBIT He has accumulated the following information as of 2016 Current Sales is 55,000 million, COGS is 50% of Sales Net non-cash charge is fixed at 10% of Sales Corporate tax rate is 21% Investment in Fixed Capital(FC)= 30% of Increase in Sales Investment in Working Capital(WC)=10% of Increase in Sales Sales growth rate forecasts=25% for five years FCF grows by 5% annual after five years . WACC-10% Please estimate Terminal value of FCF (in Smillions) in the year 2021 using FCF/EBIT valuation model $73,537 34 582 88252 $101 324 34 $107.666 02 $108 982 34 None of the above

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