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This relates to the Hartfield Medical Supply mini-case. Can we please rush it for $8? Assume that PCF will continue to grow at the growth

  1. This relates to the Hartfield Medical Supply mini-case. Can we please rush it for $8?
    1. Assume that PCF will continue to grow at the growth rate for the last year in the forecast horizon (Hint: 5%). What is the horizon value at 2017? What is the present value of the horizon value? What is the present value of the forecasted FCF? (Hint: Use the free cash flows for 2014 through 2017.) What is the current value of operations? Using information from the 2013 financial statements, what is the current estimated intrinsic stock price?

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