Question
Southern Prairie just reported free cash flow (FCF) of $500,000. Their FCFs are expected to grow by about 2% annually. If the firms cost of
Southern Prairie just reported free cash flow (FCF) of $500,000. Their FCFs are expected to grow by about 2% annually. If the firms cost of capital is 10%, what is the value of operations for the firm? The answer is $6,375,000 but I'm not sure how to get this. Give the solving process using a TI-84 Plus CE calculator
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1st Edition
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