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The firm enters into a new contract that yields $4 million per quarter (3 months) of free cash flow (assumes 100% margins and no taxes)
The firm enters into a new contract that yields $4 million per quarter (3 months) of free cash flow (assumes 100% margins and no taxes) for 4 years.
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The value of this contract can be calculated using the formula for the present value of an ...
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Principles of Corporate Finance
Authors: Richard A. Brealey, Stewart C. Myers, Franklin Allen
10th Edition
9780073530734, 77404890, 73530735, 978-0077404895
