Question
Phoenix Corp. faltered in the recent recession but is recovering. Free cash flow has grown rapidly. Forecasts made at the beginning of 2016 are as
| Phoenix Corp. faltered in the recent recession but is recovering. Free cash flow has grown rapidly. Forecasts made at the beginning of 2016 are as follows: |
| ($ millions) | 2017 | 2018 | 2019 | 2020 | 2021 |
| Net income | 1.0 | 2.4 | 4.0 | 4.5 | 4.8 |
| Investment | 1.0 | 1.4 | 1.6 | 1.8 | 1.8 |
| Free cash flow | 0 | 1.0 | 2.4 | 2.7 | 3.0 |
| Phoenix |
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Python For Finance
Authors: Yves Hilpisch
2nd Edition
1492024333, 978-1492024330
