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Dragon Industries has sales in the most recent year of $ 8 0 0 M , and EBIT of $ 3 0 0 M .
Dragon Industries has sales in the most recent year of $M and EBIT of $M The firm also had capital expenditures of $M and depreciation expense of $M The required level of working capital is of sales. The firm expects growth of per year over the next two years, after which the growth rate will drop to per year forever. The firm is financed with $B in debt and $B in equity, the bondholders require a return, and the stockholders require a return. The relevant tax rate is Outstanding shares MM Calculate intrinsic value of firm on a per share basis.
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