Question
Suppose the first cash flow of a company is expected in year 5 and the cash flow is expected to be 1,619,488. A comparable company
Suppose the first cash flow of a company is expected in year 5 and the cash flow is expected to be 1,619,488. A comparable company has earnings of 24,868,622 and a market capitalization of 559,029,791. Assuming a discount rate of 31%, find the present value (in year 0) of the company in dollars.
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Engineering Economy
Authors: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
15th edition
132554909, 978-0132554909
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