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Given: 1. Find Value of Operations Year 1 2 3 FCF $250,000 $290,000 $320,000 INT EXP $80,000 $95,000 $120,000 2. After year 3, the
Given: 1. Find Value of Operations Year 1 2 3 FCF $250,000 $290,000 $320,000 INT EXP $80,000 $95,000 $120,000 2. After year 3, the FCF will grow at a constant rate of 7% 3. Tax rate= 40% 4. Rsu = 14% (unlevered cost of equity)
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To find the value of the operation we need to calculate the present value of the future cash flows g...
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Intermediate Financial Management
Authors: Eugene F. Brigham, Phillip R. Daves
12th edition
1285850033, 978-1305480698, 1305480694, 978-0357688236, 978-1285850030
