Question
The free cash flow of the firm is $350 million at the end of 2019. You believe the free cash flow will grow at 6%
The free cash flow of the firm is $350 million at the end of 2019. You believe the free cash flow will grow at 6% per year thereafter. What is enterprise value of the firm if the required return is 10%?
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Fundamentals of Corporate Finance
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford, David A. Stangeland, Andras Marosi
1st canadian edition
978-0133400694
