ASSIGNMENT Diiseforum Osobar, 2020 Question 1 The following infiemi pertains to Global Hettic Control Systems (GHCS). Revenues, Which telecast to be $900 million in one year are expected to grow at 10 percent per year for the toyees aller that, percet per year for the next two years, and percent per year after that Expenses including depreciation are percent of texas. Net invested, including networking capital and capital spending less depreciatice, is 10 percent of severe. Because all care proportional events, etc flow sometimes seemed to us fecit Dowi gwaithe same male as do seves GHCS is an all-equity firm with 12 million shares cubilincing. A discount tale of 15 percent is appropriate for a marketisk Asume tax rate as 40% Campule for the Price per share of Global Hamatic Control Swak CHCS). Question 2 Unice Pacific Railroad seportal net income of 5770tillicet ifter interest expenses (5320 million in arce littcall year. The corporale u rate was 36%. Il repereel depreciation of 500 million in the year, and capilail spending of $1.2 billion. The is also had billica in debt cutidling on the book, was ratel AA (carrying a yield to malamily C8%), and was trading alpe (up from 53.8 billion at the end of the pervious year. The hea of the stock 1.05, and there were 200 million shares outstanding (leading at 60 per showe), with a book value as bellice. Unit Pacific paid 40% of its camisas dividen sind working capital requirements are negligible (The Tutastry bod tate is 79.) You are requireito a Elimde the Free Cash Flow to the Fim (FCFF Borile melenl tancial yeas. bs. Be the value of the lim. c. Estimate the value of equity meile value per saw. ASSIGNMENT Diiseforum Osobar, 2020 Question 1 The following infiemi pertains to Global Hettic Control Systems (GHCS). Revenues, Which telecast to be $900 million in one year are expected to grow at 10 percent per year for the toyees aller that, percet per year for the next two years, and percent per year after that Expenses including depreciation are percent of texas. Net invested, including networking capital and capital spending less depreciatice, is 10 percent of severe. Because all care proportional events, etc flow sometimes seemed to us fecit Dowi gwaithe same male as do seves GHCS is an all-equity firm with 12 million shares cubilincing. A discount tale of 15 percent is appropriate for a marketisk Asume tax rate as 40% Campule for the Price per share of Global Hamatic Control Swak CHCS). Question 2 Unice Pacific Railroad seportal net income of 5770tillicet ifter interest expenses (5320 million in arce littcall year. The corporale u rate was 36%. Il repereel depreciation of 500 million in the year, and capilail spending of $1.2 billion. The is also had billica in debt cutidling on the book, was ratel AA (carrying a yield to malamily C8%), and was trading alpe (up from 53.8 billion at the end of the pervious year. The hea of the stock 1.05, and there were 200 million shares outstanding (leading at 60 per showe), with a book value as bellice. Unit Pacific paid 40% of its camisas dividen sind working capital requirements are negligible (The Tutastry bod tate is 79.) You are requireito a Elimde the Free Cash Flow to the Fim (FCFF Borile melenl tancial yeas. bs. Be the value of the lim. c. Estimate the value of equity meile value per saw