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need solution for this (15-5) You are given the following forecasted information for the year 2011: Drivers and Sales = $300,000,000; Operating profitability (OP) =

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(15-5) You are given the following forecasted information for the year 2011: Drivers and Sales = $300,000,000; Operating profitability (OP) = 6%; Capital requirements son Value of (CR) = 43%; Growth (g) = 5%; and the weighted average cost of capital (WACC) Growth Firm = 9.8%. If these values remain constant, what is the horizon value (that is, the 2011 value of operations)? (Hint: Use Equation 15-3.)

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