Question
JBL, INC is projected to have Free Cash Flow of $100,000 next year, $125,000 the following year, and $155,000 dollars the year after that. At
JBL, INC is projected to have Free Cash Flow of $100,000 next year, $125,000 the following year, and $155,000 dollars the year after that. At that point, growth is expected to be constant at 4% forever. JBL, INC has $100,000 in debt and 1 million shares outstanding. Your required rate of return on stocks investments is 12.2%. The company's WACC is 11%. What is the companies equity? EXPLAIN:
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Succeeding in Business with Microsoft Excel 2013 A Problem Solving Approach
Authors: Debra Gross, Frank Akaiwa, Karleen Nordquist
1st edition
978-1285099149, 9781285963969, 1285099141, 1285963962, 978-1285715346
