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Projected cashflow items ( in $mil ) over the next five years during the projection period are as follow: EBIT 1 . 7 2 2

Projected cashflow items (in $mil) over the next five years during the projection period are as follow:
EBIT 1.722.62.83.58
Depreciation&Amortization 0.250.30.250.410.3
Tax 0.510.60.780.841.074
Net Capital Spending 0.850.851.051.151.4
Changes in Net Working Cap. -0.2-0.3-0.150.10.2
Assuming an Exit Multiple of 11x and WACC of 10%, calculate the implied perpetual growth rate.
Question 6 options:
a)
4.83%
b)
8.83%
c)
3.83%
d)
3.00%
e)
6.83%

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