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The firm's free cash flow this year (t = 0) is $10.5 million, and it is expected to stay the same forever. Its cost
The firm's free cash flow this year (t = 0) is $10.5 million, and it is expected to stay the same forever. Its cost of equity and weighted cost of capital are 14.0% and 12.0%, respectively. It has 18.0 million debt, and it has extra cash of 9.0 million, and non-operating liability of 2 million. The equity value of this firm is million.
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Intermediate Financial Management
Authors: Eugene F Brigham, Phillip R Daves
14th Edition
0357516664, 978-0357516669
