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ill leave a like! On December 31, 2006, a stock analyst has forecasted that Hart Enterprises should generate free cash flows of $2,000 in 2007

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On December 31, 2006, a stock analyst has forecasted that Hart Enterprises should generate free cash flows of $2,000 in 2007 and 3,000 in 2008 and 4,000 in 2009. Thereafter, free cash flow for Hart Enterprises is expected to grow at an annual rate of 5%. Hart Enterprises has a weighted average cost of capital (WACC) of 9%. Hart Enterprises has Notes Payable and Long-term Debt of $10,000 and no Preferred Stock. Hart Enterprises has 15,000 shares of common stock outstanding. What is the total value of Hart Enterprises (6 points)? Edit View Insert Format Tools Table 12pt Paragraph V A ev Tv O words 2

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