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FinCorp's free cash flow to the fem is reported as $205 million The fim's interest expense is $22 milion, Assume the tax rate 35%
FinCorp's free cash flow to the fem is reported as $205 million The fim's interest expense is $22 milion, Assume the tax rate 35% and the net debt of the firm increases by $3 million What is the market value of equity if the FCFE is projected to grow at 3% (Do not round intermediate calculations. Enter your answer in millions rounded to 2 indefinitely and the cost of equity is decimal pieces)
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