Question
Given the following information on the LK Co., and using the equation V = CF / (r - g), calculate: (a) Cash flow per share
Given the following information on the LK Co., and using the equation V = CF / (r - g), calculate:
(a) Cash flow per share
(b) the total value of the LK Co.
(c) mix of capital financing.
Info: V per share = $71; r = 0.10; g = 0.03; 11 million shares outstanding; Long-term debt = $281,000,000
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Personal Finance
Authors: Jeff Madura
5th edition
132994348, 978-0132994347
