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NewAge Inc. expects to have free cash flow in the coming year of $ 1 . 7 5 million, and its free cash flow is
NewAge Inc. expects to have free cash flow in the coming year of $ million, and its free cash flow is expected to grow at a rate of per year thereafter. The firm also has an equity cost of capital of and a debt cost of capital of and it pays a corporate tax rate of If NewAge Inc. maintains a debtequity ratio of what is the value of its interest tax shield?
Note: Please show your work to receive full credit
A $ million
B $ million
C $ million
D $ million
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