Question
Delta corp has a current FCFF = $60 million and that cash flow is expected to grow at 3% forever, what is the total Delta
Delta corp has a current FCFF = $60 million and that cash flow is expected to grow at 3% forever, what is the total Delta corp value given a WACC of 9.5% and a cost of equity capital of 13%?
Options:
a - $950.78 million
b - $618 million
c - $876.4 million
d - $923.08 million
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Focus On Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes, Melissa Hart
7th Edition
1265521972, 978-1265521974
