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The following table shows the projected free cash flows of an acquisition target. The potential acquirer wants to estimate its maximum acquisition price at an

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The following table shows the projected free cash flows of an acquisition target. The potential acquirer wants to estimate its maximum acquisition price at an 8 percent discount rate and a terminal value in year S based on the perpetual growth equation with a 4 percent perpetual growth rate Year Free cash flow 4 2114 1940-470 8618 a. Estimate the target's maximum acquisition price. (Do not round intermediate calculations. Round your answer to the nearest whole dollar amount.) Maxi cuisition price . Estimate the target's maximum acquisition price when the discount rates 7 percent and the perpetual growth rate is 5 percent (Do not round intermediate calculations. Round your answer to the necrest whole dollar amount.) Maximum ou since

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