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Suppose Geo will have FCF next year of $1 million and expects FCF to grow at 4% in perpetuity. The firm has a pre-tax cost

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Suppose Geo will have FCF next year of $1 million and expects FCF to grow at 4% in perpetuity. The firm has a pre-tax cost of debt of 4% and a cost of equity of 10%. The company maintains a debt-to-value ratio of 45% and the tax rate is 21%. What is the Enterprise Value of Geo? (Hint: you need to calculate a WACC first) Enter your answer in millions. If the answer is 10.23684 million, then enter 10.24 Suppose Geo had FCF for the year just ended of $1 million and expects FCF to grow at 25% for the next three years. After that, FCF will grow at 4% in perpetuity. The firm has a pre-tax cost of debt of 4% and a cost of equity of 10%. The company maintains a debt-to-value ratio of 45% and the tax rate is 21%. What is the Enterprise Value of Geo? Enter your answer in millions. If the answer is 10.23684 million, then enter 10.24

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