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SuperCOOL Inc. is considering to buy another firm FunApp. FunApp. expects to have cash flow from assets (CFFA) of $8 Million next year. It expects
SuperCOOL Inc. is considering to buy another firm FunApp. FunApp. expects to have cash flow from assets (CFFA) of $8 Million next year. It expects to grow at 10% every year from year 2 to year 5; after year 5. it expects CFFA will grow at 3% forever. Currently, FunApp. has $ 35 M debt, and has 3 million shares of stock outstanding. Corporate tax rate is 35% The discount rate for SuperCOOL and FunApp is 20% and 15%, respectively. (important, please do not round in the intermediate steps, only round in the final answers: (important, please do not round in the intermediate steps, only found in the final answers if calculation requires answers from previous steps such as a orb please use sounded answers to calculate the later steps For comple, if part a dos anwwer to be rounded to two decimals, you unrounded answer is 12345, you will enter as 1.23 in part a, then ene 12345 for calculations in part bec) What is the cash flow from asset in year in million dollars? (Do not round intermediate calculations and round your answer in million dollars with TWO decimal places, c.2, 32.46) What Terminal value at year 5 in million dollara? (Do not round intermediate calculations and round your answer in million dollars with TWO decimal places, 12.46) What is Funpp's firm value in million dolla? (Do not round intermediate calculations and round your answer is million dollars with TWO decimal places, ex. 32.46.) What is Terminal value at year 5. in million dollars? (Do not round intermediate calculations and round your answer in million dollars with TWO decimal places, e..., 32.46.) What is Fun App's fimm value in million dollars? (Do not round intermediate calculations and round your answer in million dollars with TWO decimal places, e-8., 32.46.) What is FunApp's stock price per share? TWO decimal places, e.g., 32.46.) your answer with (Do not round intermediate calculations and round
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