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equal depreciasich) or changes to nat working capial. Assume that the corporats tax rate equals 25%. Right now, the firm has $3,750 in risk-tree debt

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equal depreciasich) or changes to nat working capial. Assume that the corporats tax rate equals 25%. Right now, the firm has $3,750 in risk-tree debt it plans to keep a consiant ratio of debe to equity every year, so that on average the debt will also grow by 3.5% per year. Suppose the risk-free rate equals 5.8333%, and the axpected retum on the market oquals 12.833%. The asser beta for thin induatry is 1.89. a. If AMC were an all-equity (unlevered) fem, what would its market value be? b. Assurring the debt is failty priced, what is the amount of interest AMC wil poy next year? It AM debt is expected to grow by 3.5% per year, at what rate are iss interest paymente expeched sa grow? payments have the same beta as AMC's assets, what is the present value of AMC's interest tax shiald? d. Using the APV method, what is AMC's tobar market value, V4 ? What is the market vallas of AMC's equily? e. What is AMCS WACC? (hint: Work backward from the FCF and v2 ) 6. Using the WACC, what is the expected roburn for AUC equity? equal depreciasich) or changes to nat working capial. Assume that the corporats tax rate equals 25%. Right now, the firm has $3,750 in risk-tree debt it plans to keep a consiant ratio of debe to equity every year, so that on average the debt will also grow by 3.5% per year. Suppose the risk-free rate equals 5.8333%, and the axpected retum on the market oquals 12.833%. The asser beta for thin induatry is 1.89. a. If AMC were an all-equity (unlevered) fem, what would its market value be? b. Assurring the debt is failty priced, what is the amount of interest AMC wil poy next year? It AM debt is expected to grow by 3.5% per year, at what rate are iss interest paymente expeched sa grow? payments have the same beta as AMC's assets, what is the present value of AMC's interest tax shiald? d. Using the APV method, what is AMC's tobar market value, V4 ? What is the market vallas of AMC's equily? e. What is AMCS WACC? (hint: Work backward from the FCF and v2 ) 6. Using the WACC, what is the expected roburn for AUC equity

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