Question
The free cash flow to the firm is reported as $200 million. The interest expense to the firm is $50 million. If the tax
The free cash flow to the firm is reported as $200 million. The interest expense to the firm is $50 million. If the tax rate is 20% and the net debt of the firm increased by $20 million, what is the approximate market value of the firm if the FCFE grows at 3% and the cost of equity is 13% ? 412 billion 1,854 billion 824 billion 1,442 billion
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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
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