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Today is January 1 2020. Longhorn Steakhouse has $200 million coming on January 1 2022. The weighted average cost of capital (WACC) is 12%. What
Today is January 1 2020. Longhorn Steakhouse has $200 million coming on January 1 2022. The weighted average cost of capital (WACC) is 12%. What is the value of the promised $200 million to Longhorn Steakhouse on January 1 2020? Enter your answer in millions of dollars________ ; use two significant figures. For example, if you answer was $125.6752 million, you would input 125.67 .
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