Question
Suppose IPRS Corporations projected free cash flow for next year is FCF 1 = $5,000,000 and FCF is expected to grow at a constant rate
Suppose IPRS Corporations projected free cash flow for next year is FCF1 = $5,000,000 and FCF is expected to grow at a constant rate of 5.0%. If the companys weighted average cost of capital is 10%, what is the firms total corporate value?
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Financial management theory and practice
Authors: Eugene F. Brigham and Michael C. Ehrhardt
12th Edition
978-0030243998, 30243998, 324422695, 978-0324422696
