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Q 3 . XYZ company earned $ 1 . 5 0 per share last year. Investment in fixed capital ( Capex ) was $ 0
Q XYZ company earned $ per share last year. Investment in fixed capital Capex was $ per share, and deprecation was $ Investment in net working capital was $ per share. XYZ expects earnings, investments in fixed capital capex deprecation, and networking capital to grow at per year for the next five years, and after that, the growth in earnings, investments in fixed capitalcapex deprecation, and networking capital will decline to a stable per year forever. Calculate the FCFE in year Hint: FCFE Net Income Depreciation Capex Net working capital
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