Question
A firms cash flow was $100,000 last year. You expect the cash flow to increase by 5% per year forever. If you use a discount
A firm’s cash flow was $100,000 last year. You expect the cash flow to increase by 5% per year forever. If you use a discount rate of 10%, what is the value of the firm?
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Applied Corporate Finance
Authors: Aswath Damodaran
4th edition
978-1-118-9185, 9781118918562, 1118808932, 1118918568, 978-1118808931
