Question
appraisers prepared the estimated financial statements of WYZ company for the next 5 years. According to these tables, the estimates of the enterprise on the
appraisers prepared the estimated financial statements of WYZ company for the next 5 years. According to these tables, the estimates of the enterprise on the basis of yearsare given below.
2019-FCFE=925 TL ,
2020-FCFE=975 TL,
2021-FCFE=1,045TL,
2022-FCFE=1,100TL,
2023-FCFE=1,225TL,
It is estimated that FCFE values of the company will have an anual growth of 5% in 2024 and beyond. The risk -free interest rate is expected to be around 7% in the coming yeears. The rate of return of the market is expected to be 12%. The beta value of WXZ corporation is 1.25.
what is the real value of the company as of the end of 2018?
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
Inside Company Valuation
Authors: Angelo Corelli
1st Edition
3319537822, 9783319537825
