Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Analysts project that the next year MixBerry Inc will have FCF of $145 M. They also expect it is going to grow at a modest
Analysts project that the next year MixBerry Inc will have FCF of $145 M. They also expect it is going to grow at a modest 2% rate. Its WACC was recently estimated to be 10.5%. It has no debt and only $10 M in cash. If MixBerry has 10 M shares outstanding, what is its fair price?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started