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Jackson inc is projected to have a after-tax free cash flow of $1,500,000 next year. The company has $5,000,000 debt outstanding. The expected growth rate
Jackson inc is projected to have a after-tax free cash flow of $1,500,000 next year. The company has $5,000,000 debt outstanding. The expected growth rate is 6% per year forever. The debt-to-value is 30% and the yield-to-maturity is 10%. The cost of equity is 11%. The tax rate is 28%
What is the levered/unlevered enterprice value and the market value of equity?
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