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An analyst predicts free cash flows of $2,000 in 2021 and $3,000 in 2022. The analyst also computes the terminal value of free cash flows
An analyst predicts free cash flows of $2,000 in 2021 and $3,000 in 2022. The analyst also computes the terminal value of free cash flows on December 31, 2022 as $20,000. Determine firm value on December 31, 2020, given the following present value factors: n = 1, i = 6% is .9434; and n = 2, i = 6% is .8900.
25000
2670
22357
17800
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