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Universal Air forecasts growth of 8 % for the next six years and 4 % thereafter. Given last year's free cash flow was $ 1
Universal Air forecasts growth of for the next six years and thereafter. Given last year's free cash flow was $ million, what is its horizon value if the company's cost of capital is Following the textbook assumption, we have the horizon time defined as the year prior to settling down to the long run trend. Thus the horizon time is year
Continued from the above, what is the value of Universal Air company?
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$ million
$ million
$ million
$ million
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