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Assume today is december 3 1 , 2 0 1 6 . Barrington industries expects that its 2 0 1 7 after tax operating income
Assume today is december Barrington industries expects that its after tax operating income EBITT will be $ million and its depreciation expense will be $ million. Barringtons gross capital expensitures are expected to be $million and the change in its net operating working capital for will be $ million. The firms free cash flow is expected to grow at constant rate if annually. Assume that its free cash flow occurs at the end of each year. The firms weighted average cost of capital is ; the market value of the company's debt is $ Billion; and the company has million shares of common stock outstanding. The firm has no preferred stock on its balance sheet and has no plans to use it in the future
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