Assume that a public corporation and faces a marginal tax rate of 30%. CREATE the Balance Sheets and Income Statements and then calculate the annual Cash Flow from Assets (aka: CFFA or Free Cash Flows (FCF)) for this corporation

ANSWER and Explain how you have done the problem. Assume that a public corporation and faces a marginal tax rate of 30%. CREATE the necessary Balance Sheets and Income Statements and then calculate the annual Cash Flow from Assets (aka: CFFA or Free Cash Flows (FCF)) for this corporation - you are to calculate CFFA via the Cash Flow Identity (make sure you explain what you are doing). A constraint here, however, is that your CFFA must range between $20,000,000 and $23,000,000 annually. Second, after calculating CFFA, you are to estimate the intrinsic value of this corporation. You are to assume that this corporation and its stock is a no-growth perpetuity. You also know that P_0=$50.00 and D_0=$2.50 and that this corporation, three years ago, issued bonds at a coupon rate of 5% in $1,000 par units for 10 years with annual compounding. Today, these bonds are trading at $900. This firm is financed 50% with equity and 50% with debt