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An analyst has predicted the free cash flows for Normaltown Corporation for the next four years: YEAR FCF 2004 $10 million 2005 $15 million 2006
An analyst has predicted the free cash flows for Normaltown Corporation for the next four years: YEAR FCF 2004 $10 million 2005 $15 million 2006 $22 million 2007 $29 million After 2007, the free cash flows are expected to grow at an annual rate of 5%. If the weighted average cost of capital is 12% for Normaltown, find the enterprise value of the firm
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The Teams Audit
Authors: Kevin Barham
1st Edition
1907766030, 978-1907766039
