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Please help! Thankkkk Youuuu. 5 FinCorps free cash flow to the firm is reported as $210 million. The firm's interest expense is $23 million. Assume
Please help! Thankkkk Youuuu.
5 FinCorps free cash flow to the firm is reported as $210 million. The firm's interest expense is $23 million. Assume the corporate tax rate is 21% and the net debt of the firm increases by $4 million. What is the market value of equity if the FCFE is projected to grow at 3% indefinitely and the cost of equity is 12%? (Round your answer to 2 decimal places.) 2 points Market value of equity eBook Print References 7 Use the following data to answer the question regarding the performance of Guardian Stock Fund and the market portfolio. The risk- free return during the sample period was 5%. 2 points Average return Standard deviation of returns Beta Residual standard deviation Guardian 14% 26% 1.2 4% Market Portfolio 10% 21% 1 0% Calculate the information ratio measure of performance for Guardian Stock Fund. (Round your answer to 2 decimal places. Do not round intermediate calculations.) Answer is complete but not entirely correct. Information ratio 1.00 XStep by Step Solution
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