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Consider the free cash flow approach to stock valuation. F&G Manufacturing Company is expected to have before - tax earnings from operations of $ 7
Consider the free cash flow approach to stock valuation. F&G Manufacturing Company is expected to have beforetax earnings from operations of $ in the coming year. The firm's corporate tax rate is It is expected that $ of operating cash flow will be invested in new fixed assets. Depreciation for the year will be $ After the coming year, cash flows are expected to grow at per year. The appropriate market capitalization rate for unleveraged cash flow is per year. The firm has no outstanding debt. The projected operating cash flow of F&G Manufacturing Company for the coming year is
Group of answer choices
A $
B $
C $
D $
E None of these is correct
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