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kindly solve correctly for ma AFSEM Electronics Limited is a young (start-up) firm on the outskirts of Takoradi city. The cash flows to the firm

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AFSEM Electronics Limited is a young (start-up) firm on the outskirts of Takoradi city. The cash flows to the firm after reinvestment needs for each of the next 10 years and the discount rate applied to these cash flows are summarized on the following table. (a) If the EBIT E 11(1t)=2442;t=0.35; and the stable reinvestment rate =0.33; calculate the free cash flow to the firm in year 11 . (b) Assuming a stable growth rate of 5% and reinvestment rate of 33.33%, estimate the terminal value of the young firm? (c) Given the answers obtained in (a) and (b) above, calculate the value of the operating assets of the firm. (d) The most recent estimates indicate that cash and marketable securities =$249 million while other investments =$38 million. Calculate the value of the firm. Comment on your

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