Question
The firm enters a new contract that yields $5 million per month of free cash flow (assumes 100% margins and no taxes) for 4 years.
The firm enters a new contract that yields $5 million per month of free cash flow (assumes 100% margins and no taxes) for 4 years. What is the value of this contract? The quarterly required return is 2.5%.
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Personal Finance
Authors: Thomas Garman, Raymond Forgue
12th edition
9781305176409, 1133595839, 1305176405, 978-1133595830
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