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In 2021 MECCS Inc. is considering sale of its transportation unit, Apisco Travels. Long term growth of free cash flow is projected at 4.8 %,

In 2021 MECCS Inc. is considering sale of its transportation unit, Apisco Travels. Long term growth of free cash flow is projected at 4.8 %, WACC is 9% and the unlevered cost of equity is 12%. Find the PV of the Terminal Value.

2024
Net Income 18,575
Increase (decrease) in NWC 2,405
Depreciation 12,665
Increase in Deferred Taxes 308
Net Interest After Tax 7,524
CAPEX Additions 22,117

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