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PLEASE USE BA II PLUS FINANCIAL CALCULATOR TO SOLVE (Quote Calculator Steps). DO NOT GIVE ANSWERS ON EXCEL! An expert has gathered the following data
PLEASE USE BA II PLUS FINANCIAL CALCULATOR TO SOLVE (Quote Calculator Steps). DO NOT GIVE ANSWERS ON EXCEL!
An expert has gathered the following data about a company: Forecasted EBIT for next year to be $300 million, forecasted depreciation would be $50 million, forecasted capital expenditures to be $100 million. And the forecasted increase in the operating working capital would be $60 million. Tax rate is recorded to be 40%. WACC is 10%, and cost of equity is 13%. The market value of debt and preferred stock are said to be $500 million. And 20 million are the outsstanding shares. The company's free cash flow is anticipated to grow at a constant rate of 6% a year. Calculate the intrinsic value of stockStep by Step Solution
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