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Can I please request assistance with the problem below and steps how to come up with the answer? The first step in obtaining the terminal
Can I please request assistance with the problem below and steps how to come up with the answer?
The first step in obtaining the terminal value is to take the $108.3 value in year ten and multiply it by 3%.The new year eleven cash value is $111.6 (Is this right?)The terminal value = $111.6*(1+growth rate)/(WACC-growth rate).
111.6*(1+.03)/(6.52-.03) =
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