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Sixty Second Avenue Inc. has an expected net operating profit after taxes, EBIT(1 - T), of $12,000 million in the coming year. In addition, the
Sixty Second Avenue Inc. has an expected net operating profit after taxes, EBIT(1 - T), of $12,000 million in the coming year. In addition, the firm is expected to have net capital expenditures of $1,800 million, and net operating working capital (NOWC) is expected to increase by $30 million. How much free cash flow (FCF) is Sixty Second Avenue Inc. expected to generate over the next year? $10,230 million $221,654 million $10,170 million $13,770 million Sixty Second Avenue Inc.'s FCFs are expected to grow at a constant rate of 3.90% per year in the future. The market value of Sixty Second Avenue Inc.'s outstanding debt is $58,673 million, and its preferred stocks' value is $32,596 million. Sixty Second Avenue Inc. has 450 million shares of common stock outstanding, and its weighted average cost of capital (WACC) equals 11.70%. Value (Millions) Term Total firm value Intrinsic value of common equity Intrinsic value per share Using the preceding information and the FCF you calculated in the previous question, calculate the appropriate values in this table. Assume the firm has no nonoperating assets
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