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I need assistance calculating present value of terminal FCFF, total firm value, firm equity value, and stock price per share. Please and Thank you. Following
I need assistance calculating present value of terminal FCFF, total firm value, firm equity value, and stock price per share. Please and Thank you.
Following are forecasts of Target Corporation's sales, het operating profit after tax (NOPA7), and net operating assets (NOA) as of February 2 , 2019 , which we (abel fiscal year 201 t. Note: Complete the entire question in Excel and format cach answer to two decimal places, then enter the ariswers into the provided spaces below with towo decimit places. Answer the following requirements with the following assumptions: Answer the following requirements with the following assumptions: Estimate the value of a share of Target common stock using the discounted cash flow (DCF) model as of February 2,2019. \begin{tabular}{|c|c|c|c|c|c|c|c|} \hline \multirow[b]{2}{*}{ (S millions) } & \multirow{2}{*}{\multicolumn{2}{|c|}{\begin{tabular}{c} Reported \\ 2018 \end{tabular}}} & \multicolumn{5}{|c|}{ Forecast Horizon } \\ \hline & & & 2019 & 2020 & 2021 & 2022 & Period \\ \hline Increase in NOA & & & 627 & 1,760 & 720s & 1,8845 & 10 \\ \hline FCFF (NOPAT - Increase in NOA) & & & 3,325 & 1,812 & 3,581 & 2,055 & 4,557 \\ \hline Present value of horizon FCFF & & & 3,089.29 & 1,564.2 & 2,872.13 & 1,531.36 & \\ \hline Cum. present value of horizon FCFF & s & 9,056.98 & & & & & \\ \hline Present value of terminal FCFF & & 45,415.2 & & & & & \\ \hline Total firm value & & 0 & & & & & \\ \hline NNO & & 12,273 & & & & & \\ \hline Firm equity value & s & 0x & & & & & \\ \hline Shares outstanding (millions) & & 517.8 & & & & & \\ \hline Stock price per share & s & 0 & & & & & \\ \hline \end{tabular} Step by Step Solution
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