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Red Dirt Enterprises is projecting the following future cash flows: $250,000 next year, $285,000 the following year, and $342,000 in the year after that. At
Red Dirt Enterprises is projecting the following future cash flows: $250,000 next year, $285,000 the following year, and $342,000 in the year after that. At that point, free cash flow growth is expected to settle down to a more stable 2.5% annual growth. If their WACC is 15%, what is the value of operations for the firm? The answer is 2,501,701. Give me the solving process using a TI-84 Plus CE calculator.
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