Question
Leo's Cars has a beta of 1.6 and its RWACC is 14.1 percent. The market risk premium is 8.2 percent and the risk-free rate is
Leo's Cars has a beta of 1.6 and its RWACC is 14.1 percent. The market risk premium is 8.2 percent and the risk-free rate is 3.3 percent. The firm's cash flow at Time 3 is $18,400. The cash flows have a 3.5 percent rate of growth. What is the terminal value of the firm at Time 3?
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Entrepreneurial Finance Finance For Small Business
Authors: Philip J. Adelman
1st Edition
0138129835, 9780138129835
