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please help will upvote immediately The following table reports the FCFs of Airbnb in the past years: E. B. . The business risk of Airbnb
please help will upvote immediately The following table reports the FCFs of Airbnb in the past years: E. B. . The business risk of Airbnb (rA) is 7.3%, and you expect the FCF in 2021 to be the average of the FCFs in the past 3 years (2019, 2018, 2017). Airbnb is all-equity financed and has a corporate tax rate of 11%. Q: What is the implied expected constant growth rate of the future FCFs that is consistent with the current valuation of Airbnb at $18000M (M=million)? Report your answer in percentage (%) and round it to 2 decimal places. Year Ended December 31 2010 2017 2016 2015 2010 in millions) (70.0) 5 (189) 5 60.05 170.55 (1474) 5 (527) 5 Add EBITDA 1940) 5 (2533) 5 Nech provided by used operating activities 5956 5 5 (714) 5 5 (123.675 1150 $ 21.15 2512 5 1510 5 222.75 973 5 504 The following table reports the FCFs of Airbnb in the past years: E. B. . The business risk of Airbnb (rA) is 7.3%, and you expect the FCF in 2021 to be the average of the FCFs in the past 3 years (2019, 2018, 2017). Airbnb is all-equity financed and has a corporate tax rate of 11%. Q: What is the implied expected constant growth rate of the future FCFs that is consistent with the current valuation of Airbnb at $18000M (M=million)? Report your answer in percentage (%) and round it to 2 decimal places. Year Ended December 31 2010 2017 2016 2015 2010 in millions) (70.0) 5 (189) 5 60.05 170.55 (1474) 5 (527) 5 Add EBITDA 1940) 5 (2533) 5 Nech provided by used operating activities 5956 5 5 (714) 5 5 (123.675 1150 $ 21.15 2512 5 1510 5 222.75 973 5 504
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