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brush mountain mining company's coal reserves are being depleted, so its sales are falling. Also, environmental costs increase each year, so its costs are rising.
brush mountain mining company's coal reserves are being depleted, so its sales are falling. Also, environmental costs increase each year, so its costs are rising. As a result, the company's free cash flows are declining at the constant rate of 4% per year. If its current free cash flow is $6 million and its weighted average cost of capital is 14% what is the estimated value of Brushy Mountains value of operations?
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