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Calculate the value of equity using the APV Model. Use the following information about HCB Inc. for the next 6 questions. HCB has no non-operating

Calculate the value of equity using the APV Model.

 

Use the following information about HCB Inc. for the next 6 questions. HCB has no non-operating assets. Year Debt FCF Interest rate on debt Tax rate r (levered cost of equity) ru (Unlevered cost of equity) WACC Growth rate Now 20 5 6% 40% 10% 9% 8% 4% Projected 1 2 30 35 7 10

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