Question
A firms FCFF is R8.1. The firms FCFF is expected to grow at 18.8 % for two years and then grow at a constant annual
A firms FCFF is R8.1. The firms FCFF is expected to grow at 18.8 % for two years and then grow at a constant annual rate of 3.3 % thereafter. If the tax rate is 35% and the firms WACC is 16.5%, determine the value of the firm.
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The Handbook Of Energy Trading
Authors: Stefano Fiorenzani, Samuele Ravelli, Enrico Edoli
1st Edition
1119953693, 978-1119953692
