Question
Pizza Hut had free cash flows (FCF) of $1.05mm this past year. Projected FCFs for the next five years are $1.07mm, $1.10mm, $1.15mm, $1.20mm, and
Pizza Hut had free cash flows (FCF) of $1.05mm this past year. Projected FCFs for the next five years are $1.07mm, $1.10mm, $1.15mm, $1.20mm, and $1.25mm, respectively. After five year FCFs will be constant at $1.52mm. What is enterprise value (EV) in millions if the weighted average cost of capital is 8.7 percent?
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Foundations Of Real Estate Financial Modelling
Authors: Roger Staiger
2nd Edition
1138046183, 978-1138046184
