Calculate the discounted future economic income using the formula and free cash flow and growth rate.

Assume the last year FCF is 10,000 with the anticipate growth rate below.

Current Year Earnings = 10,000

Discount Rate to Equity Year 1 = 26%

Growth Rates:

Year 1 33%

Year 2 23%

Year 3 16%

Year 4 12%

Year 5 8%

Long-Term sustainable growth rate = 6%

Yeur assignment is to eaieuiete the Discounted Future Economic ineerne using the fermula and Free Cash Flow and {.3th Rate. FCF\":1+gi I 2 3- 4 n +w+m+++4m= DFEI {1 + k? {1 + in: {1 + kf' {1 + RM- {1 + in" {1 + in\" Where: FBF = Free Cash Flew it = Discount Rate :3 = Gruwth Rate Free Cash Fliziniiiir and Growth Rate: Assume the last year FCF is HEDGE! with the anticipated grewth rate belew: l[Liurrient Year Dismunt Rate Earnings te Eguig Niger Gremh Rates $'i. 25% 1 33% 2 23% 3 15% 4 12% 5 8% Lung-term Sustainabie Grewtn Rate Perpetuity 6.9%